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A risk manager has decided to use likelihood and consequence to determine the risk of an event occurring to a company asset. Which of the following is a limitation of this approach to risk management?
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E. Difficult to differentiate between high, medium, and low risks.
Answer: B
Explanation:
Explanation
Using likelihood and consequence to determine risk is known as qualitative risk analysis.
With qualitative risk analysis, the risk would be evaluated for its probability and impact using a numbered ranking system such as low, medium, and high or perhaps using a 1 to 10 scoring system.
After qualitative analysis has been performed, you can then perform quantitative risk analysis. A Quantitative risk analysis is a further analysis of the highest priority risks during which a numerical or quantitative rating is assigned to the risk.
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D. Create an S3 lifecycle policy for the bucket that moves current object versions from S3 Standard storage to S3 Standard-infrequent Access (S3 Standard-IA) after 30 days and moves previous object versions to S3 Glacier Deep Archive after 1 day
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