Identify the missing word in the following sentence… A risk consists of a combination of the of a
perceived threat or opportunity occurring and the magnitude of its impact on objectives.

A.
Outcome
B.
Probability
C.
Dis-benefit
D.
Proximity
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Ok, see page 311
Risk:
An uncertain event or set of events that, should it occur,
will have an effect on the achievement of objectives.
A risk is measured by a combination of the probability
of a perceived threat or opportunity occurring, and the
magnitude of its impact on objectives.
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