Question: Two major risks, A and B, have been identified by you and your risk team. A detailed risk evaluation has taken place that quantifies these
Two major risks, A and B, have been identified by you and your risk team. A detailed risk evaluation has taken place that quantifies these totally different risks as pretty much equal (both have an Impact of 4 on a 1 - 5 scale; both have a Probability of 5 on a 1 - 5 scale resulting in an inherent risk score of 4 x 5 = 20 in each case)
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