• Description: Advanced Security for Account Managers (ASAM)
• Passing Score: 75%
• Practice Test - Number of questions: 50 questions
• Simulation Test - Number of questions: 50 questions
• Simulation Test Duration: 90 minutes
• Has explanations: No

Which statement accurately describes the difference between a quantitative and a qualitative risk analysis?

Answer(s)

1. - Quantitative risk analysis attempts to determine numeric values for risk that is based on anumber of factors, such as impact, duration, and asset value. A qualitative approach assignsa subjective rating to each risk that typically is based on past experience or consultantopinion.
2. - Qualitative risk analysis attempts to determine numeric values for risk that is based on anumber of factors, such as impact, duration, and asset value. A quantitative approach assignsa subjective rating to each risk that typically is based on past experience or consultantopinion.
3. - Both quantitative and qualitative risk analyses determine numeric values for risk. However, aquantitative risk analysis focuses on objective information, whereas a qualitative approachfocuses on subjective information.
4. - Both quantitative and qualitative risk analyses determine numeric values for risk. However, aquantitative risk analysis focuses on subjective information, whereas a qualitative approachfocuses on objective information.

- Quantitative risk analysis attempts to determine numeric values for risk that is based on anumber of factors, such as impact, duration, and asset value. A qualitative approach assignsa subjective rating to each risk that typically is based on past experience or consultantopinion.