Section: Volume A
Explanation:
Probability that an actual return on an investment will be lower than the investor's expectations is termed as investment risk or expense risk. All investments have some level of risk associated with it due to the unpredictability of the market's direction. This includes consideration of the overall IT investment portfolio.
Incorrect Answers:
A: The risk that data cannot be relied on because they are unauthorized, incomplete or inaccurate is termed as integrity risks.
B: The risk of IT projects failing to meet objectives due to lack of accountability and commitment is referring to as project risk ownership.
C: The risk associated with not receiving the right information to the right people (or process or systems) at the right time to allow the right action to be taken is termed as relevance risk.

Section: Volume A
Explanation:
The low probability and low impact risks should be added to a watchlist for future monitoring.
Incorrect Answers:
A: The risk response for these events may be to accept them, but the best answer is to first add them to a watchlist.
C: Risks are not dismissed; they are at least added to a watchlist for monitoring.
D: While the risks may eventually be added to the register, the best answer is to first add them to the watchlist for monitoring.

Section: Volume C
Explanation
Explanation:
The primary goal of qualitative risk analysis is to determine proportion of effect and theoretical response. The inputs to the Qualitative Risk Analysis process are:
* Organizational process assets
* Project Scope Statement
* Risk Management Plan
* Risk Register
Incorrect Answers:
B: The cost management plan is the input to the perform quantitative risk analysis process.