Certified in Risk and Information Systems Control
Domain 2Objective 8
Risk Analysis Methodologies CRISC Practice Questions (Page 1)
Part of the Domain 2: Risk Assessment domain, which accounts for 22% of the CRISC exam.
23questions here
5free pages
5concepts
22%of the exam
Questions 1–5
- 1
A utility company is assessing the risk of a transformer failure at a substation. The asset value is $1,500,000, and the exposure factor is 0.6. Historical data shows a similar failure occurs once every 4 years. What is the annualized loss expectancy (ALE)?
Select an answer first - 2
A logistics company is evaluating the risk of a ransomware attack on its central dispatch system. The system's asset value is $500,000, and the exposure factor is 0.8. Historical data shows a similar attack occurs once every five years. What is the annualized loss expectancy (ALE)?
Select an answer first - 3
Which of the following is a required input for calculating single loss expectancy (SLE) in quantitative risk analysis?
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Which of the following best describes the basis for assigning risk levels in qualitative risk analysis?
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Which risk analysis methodology uses numerical values and mathematical models to express risk in monetary terms or other measurable units?
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