Which of the following are contained in a 'risk assessment matrix'?
A) Financial impact and likelihood of occurrence.
B) Financial impact and profitability.
C) Likelihood of occurrence and timescales.
D) Likelihood of occurrence and location.

Question

Which of the following are contained in a 'risk assessment matrix'? 
A) Financial impact and likelihood of occurrence. 
B) Financial impact and profitability. 
C) Likelihood of occurrence and timescales. 
D) Likelihood of occurrence and location.

Quizplus · Accepted Answer

A risk assessment matrix typically includes both the financial impact of a risk and the likelihood of it occurring. While other factors such as timescales and location may be considered in a risk assessment, they are not typically included in a risk assessment matrix. Profitability, as listed in option B, is not typically considered in a risk assessment.

Which of the Following Are Contained in a 'Risk Assessment