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Question

Question
A company estimates that if a previously identified risk event occurs, it will lead to significant losses. What impact matrix uses red, yellow and green to represent the severity of the risk, its likelihood, and cost of controls?

A.Annualized Loss Expectancy
B.Risk tolerance
C.Exposure factor
D.Heat map

Answer 1

The correct answer is:

D. Heat map

A heat map is a graphical representation that uses colors, such as red, yellow, and green, to indicate the severity of risks, their likelihood, and the cost of controls.