Risk must be quantified by rating: A. Probability of occurrence B. Severity of n

Question

Risk must be quantified by rating:
A. Probability of occurrence B. Severity of negative results C. Exposure frequency, duration of exposure, & total quantity exposed D. All of the above Risk must be quantified by rating:
A. Probability of occurrence B. Severity of negative results C. Exposure frequency, duration of exposure, & total quantity exposed D. All of the above Risk must be quantified by rating:
A. Probability of occurrence B. Severity of negative results C. Exposure frequency, duration of exposure, & total quantity exposed D. All of the above

Explanation / Answer

Risk must be quantified by rating probability of occurrence, severity of negative results and exposure frequency, duration of exposure, & total quantity exposed.

Therefore correct answer is option: D. All of the above

The overall risk can be measured by severity of negative results * probability of occurrence

Risk deals with the potential changes in the frequency, intensity and duration of exposure and it is determined not only by the severity of negative results but also by the exposure and vulnerability to these negative results.

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