Which of the following describes a qualitative risk assessment approach?
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A subjective assessment of risk occurrence likelihood against the potentialimpact that determines the overall severity of a risk.
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The use of verifiable data to predict the risk occurrence likelihood and the potential impact so as to determine the overall severity of arisk.
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The use of Monte-Carlo Analysis and Layers of Protection Analysis (LOPA) to determine the overall severity of a risk.
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The use of Risk Tolerance and Risk Appetite values to determine the overall severity of a risk