Key Focus:

The question asks to calculate the risk impact given the risk level ($1,000) and likelihood (50%).

Key Formula:

Risk Level = Risk Impact × Risk Likelihood
→ Risk Impact = Risk Level / Risk Likelihood

Calculation:

Risk Impact = 1,000/0.50=∗∗1,000/0.50=∗∗2,000**

Correct Answer:

b) $2,000

Why Others Are Incorrect:

**a) 500∗∗:Incorrectlymultipliesrisklevelbylikelihood(500∗∗:Incorrectlymultipliesrisklevelbylikelihood(1,000 × 0.50).
c) $50,000: Miscalculation or misplaced decimal.
d) $200: Irrelevant to the given values.

Quiz Results