Posted by: Pdfprep
Post Date: November 15, 2020
Quantitative risk is the numerical determination of the probability of an adverse event and the extent of the losses due to the event. Quantitative risk is calculated as:
A . (Probability of Loss) X (Loss)
B . (Loss) / (Probability of Loss)
C . (Probability of Loss) / (Loss)
D . Significant Risks X Probability of Loss X Loss
Answer: A
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