Question

Cost/benefit analysis is the final equation of risk analysis to assess the relative benefit of a counter-measure against the potential annual loss of a given asset exposed to a specific threat. True or false?

Answer 1

Answer:

True

Explanation:

Risk analysis process implies analyzing potential issues that could negatively impact in the business or critical projects in order to help organizations avoid or mitigate those risks. Involves calculating the probability of something going wrong, and the consequences if it does.