When undertaking risk assessment,the expected loss is calculated like this.
A) Impact times expected loss
B) Impact times likelihood
C) Inherent risk times likelihood
D) Residual risk times likelihood

Question

Quizplus · Accepted Answer

The expected loss is calculated by multiplying the impact of a potential risk by the likelihood of that risk occurring. This is important in determining the overall risk level and deciding on appropriate risk management strategies.

When Undertaking Risk Assessment,the Expected Loss Is Calculated Like This