CRISC IT Risk Assessment Practice Question
A quantitative risk analysis for a phishing campaign estimates that threat event frequency is 50 per year, vulnerability is 0.1 (10% of users will click), and loss magnitude per successful attack is $10,000. However, the analyst notes a 90% confidence interval of $5,000 to $20,000 for loss magnitude. Which of the following best describes a limitation of this quantitative 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
✓
The analysis requires extensive data and is time-consuming
Quantitative analysis often produces uncertainty ranges, making results less precise than they appear, and requiring careful interpretation.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
The analysis requires extensive data and is time-consuming
Why this is correct
Quantitative analysis is data-intensive and time-consuming, especially when dealing with uncertainty ranges.
- ✗
The analysis is subjective and not comparable across organizations
Why it's wrong here
Quantitative analysis is objective and comparable; subjectivity is a limitation of qualitative.
- ✗
The results are always accurate and reliable
Why it's wrong here
Uncertainty ranges indicate that results are not perfectly accurate.
- ✗
The results are easy to communicate to non-technical stakeholders
Why it's wrong here
This is an advantage, not a limitation.
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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.