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Single Answer
0Denis is developing a business continuity plan and is having difficulty prioritizing resources because of the difficulty of combining information about tangible and intangible assets. What would be the most effective risk assessment approach for him to use?
Answer Options
A
Quantitative risk assessment
B
Qualitative risk assessment
C
Neither quantitative nor qualitative risk assessment
D
Combination of quantitative and qualitative risk assessment
Correct Answer: D
Explanation
Denis would see the best results by combining elements of quantitative and qualitative risk assessment. Quantitative risk assessment excels at analyzing financial risk, while qualitative risk assessment is a good tool for intangible risks. Combining the two techniques provides a well-rounded risk picture.