CRISC IT Risk Assessment Practice Question
Which of the following is a key advantage of using a quantitative risk analysis approach such as FAIR?
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
✓
Produces objective, comparable financial metrics
Quantitative analysis provides objective, financially meaningful results that can be compared across organizations.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Quick to perform with minimal data
Why it's wrong here
Quantitative is data-intensive and time-consuming.
- ✓
Produces objective, comparable financial metrics
Why this is correct
Quantitative analysis yields monetary values and statistical probabilities.
- ✗
Provides subjective rankings easy to communicate
Why it's wrong here
Subjective rankings are a characteristic of qualitative analysis.
- ✗
Eliminates uncertainty in risk estimates
Why it's wrong here
No method eliminates uncertainty; quantitative includes uncertainty ranges.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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