CRISC: Certified in Risk and Information Systems ControlDemo

By Isaca · Question Mode

QuestionQ648

Risk Assessment

You are the risk official at Techmart Inc. and have been asked to assess the impact of losing a server. For this assessment, you must calculate the server’s monetary value. On which of the following bases should you calculate the monetary value?

  • A Cost to obtain replacement
  • B Original cost to acquire
  • C Annual loss expectancy
  • D Cost of software stored
Explanation

A server’s monetary asset value for loss assessment is based on the cost to obtain a replacement, because that represents the current cost to restore the lost hardware asset. Original acquisition cost can differ from current replacement cost, while annual loss expectancy is a risk calculation rather than an asset valuation.

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