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How would you describe comprehensive risk assessment?
EncofBizandFinance
The CPA identifies and assesses the various risks facing an organization, such as the operating environment, operating systems, or information systems. The risks might be internal, external, or regulatory.
Wiki User
∙ 13y ago
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Why should organisations have comprehensive risk assessment procedures?
Organizations should have comprehensive risk assessment procedures for a few different reasons. One of the main reasons is to assess threats and to know the protocol to react to such threats.
What action would you take if you felt that a risk assessment did not adequately control the risks?
No risk assessment controls risk. The function of a risk assessment is to assess the risks. The next step is to devise and apply appropriate controls.
Describe how you assess hazards in the composite risk managment process?
Estimate the probability and severity and then determine the risk level using the risk assessment matrix
What do the terms catastrophic critical marginal and negligible describe in risk assessment matrix?
Level of damage
What do of the terms catastrophic critical marginal negligible describe in the risk assessment matrix?
Level of damage
What is conducted after each incident of unauthorized disclosure of classified information in cases involving espionage or leaks to the public media to determine the effect of a compromise on national security?
Damage assessment
Who performes risk assessment?
who performs the risk assessment
What is the step in the composite risk management (CRM) process?
11) What do of the terms catastrophic, critical, marginal, and negligible describe in the risk assessment matrix
What is the systematic assessment of the AT program against standards prescribed by DOD instruction 2000.16 requires a comprehensive AT?
Training and Exercises Risk Management AT Planning
What do the terms catastrophic and negligible describe in the risk assessment matrix?
Level of severity of adverse event's effect
What is the first step in the composite risk management (crm)process?
11) What do of the terms catastrophic, critical, marginal, and negligible describe in the risk assessment matrix
What do the terms and catastrophic critical moderate and negligible in the describe in the risk assessment matrix?
What is the purpose of the RM step, Develop Controls and Make Risk Decisions
