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What is a difference from the list below between quantitative and qualitative Risk Assessment?
Correct Answer: A
Difference Between Quantitative and Qualitative Assessments: * Quantitative Assessment: Provides measurable data, often expressed in monetary terms, to quantify risk impact. * Qualitative Assessment: Uses descriptive categories (e.g., high, medium, low) to assess risk based on subjective judgment. Why Option A Is Correct: Quantitative assessments focus on precise calculations, such as potential financial loss, which is a distinguishing feature. Why Other Options Are Incorrect: * B & D: These describe qualitative assessments, not quantitative. * C. Mapping to Business Objectives: Both types can be mapped to objectives; this is not a distinguishing factor. References: EC-Council describes quantitative methods as data-driven and focused on objective metrics, while qualitative methods emphasize subjective risk prioritization.