ServiceNow Certified Implementation Specialist – Risk and Compliance — Question 144

What is the Risk likelihood called when using the Quantitative method?

Answer options

• A. Likelihood
• B. Calculated Score
• C. Single Loss Expectancy (SLE)
• D. Annualized Rate of Occurrence (ARO)

Correct answer: D

Explanation

The correct answer is D, Annualized Rate of Occurrence (ARO), which quantifies the likelihood of a risk event occurring within a year. Option A, Likelihood, is a general term and does not specifically pertain to the quantitative method. Options B and C are related to risk assessment but do not define risk likelihood.