Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

MIS 416 – Information Risk Management | Exam 1 Questions with Correct Answers | Exam preparation material

Rating
-
Sold
-
Pages
74
Grade
A+
Uploaded on
03-08-2025
Written in
2025/2026

This document provides a complete set of multiple-choice and true/false questions with correct answers for Exam 1 in MIS 416. It covers fundamental principles of risk management including frameworks (FAIR, OCTAVE, ISO 27005), key formulas (ALE, SLE, ARO), types of controls, threat and vulnerability assessment, and governance models such as COBIT and COSO. Perfect for students preparing for their first exam in information security risk analysis and control strategies.

Show more Read less
Institution
MIS 416
Course
MIS 416

Content preview

MIS 416 Exam 1 |382 questions with accurate answers
___ is the negative result if the risk occurs Ans✓✓✓ impact


____ is the likelihood that a threat will exploit a vulnerability Ans✓✓✓
Probability


____ is the likelihood that a threat will exploit a vulnerability. Ans✓✓✓
Probability


____ is the likelihood that a threat will exploit a vulnerablity Ans✓✓✓
Probability


____ negatively affect(s) the CIA triad.


- risks
- threats
- vulnerabilities
- NNTP Ans✓✓✓ Correct Answer:


InAns✓✓✓ :
X Vulnerabilities

,_____ assessments are objective, while _____ assessments are
subjective.


- quantitative, qualitative
- qualitative, quantitative
- risk, threat
- threat, risk Ans✓✓✓


___________ is the negative result if the risk occurs.


Value


Risk


Impact


Probability Ans✓✓✓ Impact


____________ assessments are objective, while ___________
assessments are subjective. Ans✓✓✓ Quantitative, qualitative


_____________ is the likelihood that a threat will exploit a
vulnerability. Ans✓✓✓ Probability

,(T/F): A BIA typically identifies the customers and how the organization
plans to serve them Ans✓✓✓ False


(T/F): A business impact analysis is concerned w/ identifying &
implementing recovery methods. Ans✓✓✓ False


(T/F): A business impact analysis is intended to include all IT functions.
Ans✓✓✓ False


(T/F): A security Scan & a Risk Assessment are the same. Ans✓✓✓
False


(T/F): An IT asset inventory is a list of IT assets that are vulnerable to a
specific threat that is under assessment. Ans✓✓✓ False


(T/F): An organization should implement as many controls as possible.
Ans✓✓✓ False.


(T/F): CBA stands for Cost Benefit Authorization. Ans✓✓✓ False


(T/F): Compensating controls are controls in place that do not
effectively reduce exploitability. Ans✓✓✓ False

, (T/F): Inherent risk is the value of the unmitigated risk exposure.
Ans✓✓✓ True


(T/F): It is essential that risk management be driven by the potential for
worst- case scenarios. Ans✓✓✓ False


(T/F): Malignant Threats are threats that are always present. Ans✓✓✓
True


(T/F): More data always improves the risk analysis. Ans✓✓✓ False


(T/F): Productivity and replacement costs occur mostly as a secondary
loss. Ans✓✓✓ False


(T/F): Productivity and replacement costs occur mostly as secondary
loss. Ans✓✓✓


(T/F): Questionnaires, forms, and surveys are the standard way to collect
data for a BIA. Ans✓✓✓ True


(T/F): Risk Management choices are made in a top down fashion
affecting the sensitivity of risk throughout the organization. Ans✓✓✓
True

Written for

Institution
MIS 416
Course
MIS 416

Document information

Uploaded on
August 3, 2025
Number of pages
74
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$15.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
cracker Chamberlain School Of Nursing
Follow You need to be logged in order to follow users or courses
Sold
2117
Member since
3 year
Number of followers
1347
Documents
49134
Last sold
3 days ago
✨ Cracker – Verified Study Powerhouse

Welcome to your shortcut to academic and certification success. I'm Cracker, a trusted top seller I specialize in high-quality study guides, test banks, certification prep, and real-world exam material all tailored to help you pass fast and score high.

3.8

383 reviews

5
167
4
89
3
54
2
24
1
49

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions