Q. Risk exposure is given by which formula

  • (A) It is the product of probability of occurrence of risk and its impact
  • (B) It is the sum of probability of its occurrence and its impact
  • (C) It is the standard deviation of the sum of it’s probability and it’s impact
  • (D) None of the above
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βœ… Correct Answer: (A) It is the product of probability of occurrence of risk and its impact

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