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Exam Code: C1000-094

Exam Name: IBM Spectrum Scale V5.1 Solutions Administrator

Certification Provider: IBM

Related Certification: IBM Spectrum Scale V5.1 Solutions Administrator

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Which of the following is the process of numerically analyzing the effects of identified risks on the overall enterprise's objectives?
A. Monitoring and Controlling Risks
B. Explanation:
A quantitative risk assessment quantifies risk in terms of numbers such as dollar values. This involves gathering data and then entering it into standard formulas. The results can help in identifying the priority of risks. These results are also used to determine the effectiveness of controls. Some of the terms associated with quantitative risk assessments are : Single loss expectancy (SLE)-It refers to the total loss expected from a single incident. This incident can occur when vulnerability is being exploited by threat. The loss is expressed as a dollar value such as $1,000. It includes the value of data, software, and hardware. SLE = Asset value * Exposure factor Annual rate of occurrence (ARO)-It refers to the number of times expected for an incident to occur in a year. If an incident occurred twice a month in the past year, the ARO is 24. Assuming nothing changes, it is likely that it will occur 24 times next year. Annual loss expectancy (ALE)-It is the expected loss for a year. ALE is calculated by multiplying SLE with ARO. Because SLE is a given in a dollar value, ALE is also given in a dollar value. For example, if the SLE is $1,000 and the ARO is 24, the ALE is $24,000. ALE = SLE * ARO Safeguard value-This is the cost of a control. Controls are used to mitigate risk. For example, antivirus software of an average cost of $50 for each computer. If there are 50 computers, the safeguard value is $2,500.
C. Identifying Risks
D. Qualitative Risk Assessment
E. Quantitative Risk Assessment
Answer: E
is incorrect. Unlike the quantitative risk assessment, qualitative risk assessment does not assign dollar values. Rather, it determines risk's level based on the probability and impact of a risk. These values are determined by gathering the opinions of experts. Probability- establishing the likelihood of occurrence and reoccurrence of specific risks, independently, and combined. The risk occurs when a threat exploits vulnerability. Scaling is done to define the probability that a risk will occur. The scale can be based on word values such as Low, Medium, or High. Percentage can also be assigned to these words, like 10% to low and 90% to high. Impact- Impact is used to identify the magnitude of identified risks. The risk leads to some type of loss. However, instead of quantifying the loss as a dollar value, an impact assessment could use words such as Low, Medium, or High. Impact is expressed as a relative value. For example, low could be 10, medium could be 50, and high could be 100. Risk level= Probability*Impact Answer: A is incorrect. The first thing we must do in risk management is to identify the areas of the project where the risks can occur. This is termed as risk identification. Listing all the possible risks is proved to be very productive for the enterprise as we can cure them before it can occur. In risk identification both threats and opportunities are considered, as both carry some level of risk with them. Answer: D is incorrect. This is the process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness through the project.

If you are testing a mobile banking application, is it important to test the interaction between the software and the device?
A. Yes, each feature of the device should be tested to verify if it interacts with the application
B. No, it is not necessary to extend the functional testing to cover interaction with the device
C. No, if the application is developed as a native application, there is no need to test the interaction because the application is portable across many different types of devices
D. Yes, using the physical device is how the user interact with the application and how the application interacts with the Internet
Answer: D
Testing the physical device's interaction with theapplication is important. A is not correct because B is correct.
C is not correct and a native application is developed for a specific device and is generally not portable. D is incorrect because devices have many, many features and testing all the features would be out of scope for the application under test.

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