Gce Model Questions Vol1 2021 Computer Studies Question 49

Practice objective / multiple choice question 49 from the 2021 Gce Model Questions Vol1 Computer Studies examination.

Gce Model Questions Vol1 2021 Computer Studies Objective / Multiple Choice Medium Difficulty
Question 49 GCE_MODEL_QUESTIONS_VOL1 • 2021 • COMPUTER_STUDIES • objective

An organisation faces a threat that would cause a loss of \(\text{₦}5{,}000{,}000\) if it occurs. The baseline annual probability of the threat is 4 %. Three security controls are under consideration:\n\n- Control A reduces the probability by 30 % and costs \(\text{₦}200{,}000\).\n- Control B reduces the probability by 45 % and costs \(\text{₦}350{,}000\).\n- Control C reduces the probability by 55 % and costs \(\text{₦}500{,}000\).\n\nFor each control, compute the expected annual loss reduction and the ratio of loss reduction to cost. Which control provides the greatest loss‑reduction per naira spent?

Answer Options

Correct Answer A. Control A
B. Control C
C. Control B and C
D. Control B
Correct Answer
A
Correct Option:
Control A

About This Question

This is Gce Model Questions Vol1 2021 Computer Studies Question 49. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Computer Studies examination.

Difficulty level: Medium .

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