Question: Finally, Alejandro estimates that the cost of implementing risk response A is $100,000 and the cost of implementing risk response B is $1,000,000. Required: 1.
Finally, Alejandro estimates that the cost of implementing risk response A is $100,000 and the cost of implementing risk response B is $1,000,000. Required: 1. Caiculate the inherent risk for Alejandro. 2. Calculate the residual risk for Alejandro associated with each of the three risk response alternatives A, B, and C. 3. Calculate the benefit for Alejandro associated with each of the three risk response alternatives A, B, and C, If an amount is zero, enter " 0 ", 4. Caiculate the net benefit Alejandro associated with each of the three risk response alternatives A, B, aud C. If ar amount is rero, enter " O ". Net beneft 5. Using net benefit as the critenon, which nisk response should Alejandro choose to implement
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