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CRISC IT Risk Assessment Practice Question

A company is performing a qualitative risk analysis for a new cloud migration project. Which TWO of the following are recognized limitations of qualitative risk analysis?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Risk ratings are not easily comparable across different organizations

Qualitative analysis is subjective and not comparable across organizations due to lack of standardized scales.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Risk ratings are not easily comparable across different organizations

    Why this is correct

    Different organizations may use different scales or interpretations.

  • It requires extensive historical data

    Why it's wrong here

    Data-intensive is a limitation of quantitative, not qualitative.

  • It is time-consuming and complex to perform

    Why it's wrong here

    Qualitative is generally quick and simple.

  • Results are subjective and depend on the assessor's judgment

    Why this is correct

    Subjectivity is a key limitation.

  • It provides financially precise loss estimates

    Why it's wrong here

    Qualitative does not provide financial precision.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This CRISC practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CRISC exam.