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PECB Exam ISO-22301-Lead-Auditor Topic 3 Question 39 Discussion

Actual exam question for PECB's ISO 22301 Lead Auditor exam
Question #: 39
Topic #: 3
[All ISO 22301 Lead Auditor Questions]

The probability of a threat or risk to occur is defined as _____________

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Suggested Answer: A

According to the ISO 22301 Auditing eBook, likelihood is defined as 'the chance of something happening, whether defined, measured or determined objectively or subjectively, qualitatively or quantitatively, and described using general terms or mathematically (such as a probability or a frequency over a given time period)'1. Likelihood is one of the factors that determine the level of risk, along with the impact or consequence of an event. The probability of a threat or risk to occur is therefore equivalent to the likelihood of that event.


by Gearldine at Jul 01, 2024, 07:38 AM

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Colette
3 months ago
Likelihood? Risk appetite? What is this, a game of risk management Bingo? I'm just going to flip a coin and hope for the best.
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Ezekiel
2 months ago
It's not a game of Bingo, it's about making informed decisions to minimize impact.
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My
2 months ago
Risk appetite is also important to consider when managing risks.
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Katy
2 months ago
I think the probability of a threat is defined as likelihood.
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Rolland
3 months ago
This question is a real head-scratcher. I'm going to go with C) Control just to keep things interesting.
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Reita
1 months ago
D) Impact
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Ona
2 months ago
C) Control
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Loren
2 months ago
B) Risk appetite
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Nan
2 months ago
A) Likelihood
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Cassie
4 months ago
D) Impact seems like a logical choice. The probability of a threat is all about how severe the consequences could be.
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Georgeanna
3 months ago
D) Impact seems like a logical choice. The probability of a threat is all about how severe the consequences could be.
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Laura
3 months ago
D) Impact
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Dick
3 months ago
C) Control
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Kiera
3 months ago
B) Risk appetite
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Arlie
3 months ago
A) Likelihood
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Lucy
4 months ago
I agree with Ozell, A) Likelihood makes sense in this context.
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Ozell
4 months ago
I think it's A) Likelihood because it represents the chance of a threat happening.
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Sean
4 months ago
Hmm, I was leaning towards B) Risk appetite. Isn't that about how much risk an organization is willing to take on?
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Francoise
3 months ago
User 2: I was leaning towards B) Risk appetite. Isn't that about how much risk an organization is willing to take on?
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Dalene
3 months ago
User 1: The probability of a threat or risk to occur is defined as Likelihood.
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Lorrine
4 months ago
A) Likelihood
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Brendan
4 months ago
I'm pretty sure the answer is A) Likelihood. That's the classic definition of probability, right?
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Sabina
4 months ago
That's right, likelihood is the classic definition of probability in risk management.
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Silva
4 months ago
Yes, you're correct. Likelihood is the probability of a threat or risk to occur.
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