Which of the Following Best Describes Residual Risk

- April 24, 2022

Residual risk is the level of risk after security measures have been applied. Threats vulnerability asset value residual risk B.

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Management should act to lower risk until the costs of further treatment.

. Measure residual risk b. Moderate impact with very high likelihood d. How long before an investment will pay for itself.

Independent outside auditors assessment of residual risk. Enterprise risk management is narrower than internal control and focuses on managing the risk of loss resulting from external events. Organizations identification and analysis of the risks that threaten the.

Mitigate the risk c. The likelihood of occurrence of a threat B. Reject the risk d.

Accept the risk b. Internal audit functions assessment of control deficiencies. The level of risk after security measures are appliedD.

The level of risk after security measures are applied D. In this instance which of the following is the BEST course of action. The residual risk associated with investing in a well-diversified portfolio.

The risk assessment component of internal control involves the. The likelihood of occurrence of a threat B. Enterprise risk management is narrower than internal control and focuses on risk mitigation strategies across the enterprise.

Management should act to reduce risks to the lowest possible. Moderate impact with high likelihood c. The chance that automated processes may fail.

Which best defines residual risk. Which of the following statements best describes the principle of ALARP. 2 marks 177 A share in MS Co has an equity beta of 1.

The likelihood of occurrence of a threat B. 176 Which of the following best describes systematic risk. Management should treat risks until the residual risk equals the inherent risk.

The impact of risk if a threat is realized. Which of the following definitions best describes enterprise risk management. The level of risk after security measures are applied D.

Run a new risk assessment. The impact of risk if a threat is realized Answer. The level of risk before security measures are applied C.

Low impact with very high likelihood 10. Management should treat risks at least annually. Course Hero member to access this document.

Inherent Risk Vs Residual Risk Explained In 90 Seconds Upload your study docs or become a. The categorization after implementation of mitigating actions. Total risk asset value countermeasures residual risk C -- 14.

Which of the following is the highest risk. The level of risk before security measures are applied is the inherent risk. Upload your study docs or become a.

Which of the following definitions best describes enterprise risk management. When you are assessing cybersecurity risks which activity comes first in the process. The impact of risk if a threat is realized.

Which of the following best describes residual risk. The risk associated with investing in equity The diversifiable risk associated with investing in equity. Which of the following best describes ROI.

The level of risk before security measures are applied C. Threats vulnerability asset value control gap residual risk D. An analytical method that simulates a real-life system for risk analysis.

The level of risk before security measures are applied C. Which of the following best describes residual risk. SLE frequency ALE which is equal to residual risk C.

Which of the following best describes a Monte Carlo simulation. The utility of the risk describes the usefulness of a particular risk to an individual. After a system risk assessment was performed it was found that the cost to mitigate the risk was higher than the expected loss if the risk was actualized.

Very high impact with moderate likelihood b.

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