Risk Concepts in Testing

What are the basic Risk Concepts Involved in Testing :         

What is Risk analysis?
a. Evaluating risks
b. Evaluating Controls
c. Evaluating vulnerabilities
d. All of the above

Major component of Risk Analysis are
a. The probability that the negative event will occur
b. The potential loss is very high
c. The potential loss or impact associated with the event.
d. A and C.

Method of conducting Risk Analysis is
a. User your judgment
b. User your instinct
c. Cost of failure
d. All of the above

Which is not Testing Risk.
a. Budget
b. Number of qualified test resources
c. Sequence and increments of code delivery
d. Inadequately tested applications

If abnormal termination type X occurs 100 times per year, and the loss per occurrence is $500, then the loss associated with the risk is $50,000.  What methods of measuring the magnitude of risk I am using?
a. Judgment
b. Annual loss expectation estimation
c. Risk Formula
d. Consensus

What is Cascading error?
a. Unrelated errors
b. Triggers a second unrelated error in another part
c. A functionality could not be tested
d. Two similar errors

Configuration defects will be introduced if
a. Environment is not stable
b. Environment does not mirror test environment
c. Environment does not mirror production environment
d. All of the above
Quality Risk is
a. Requirement comply with methodology
b. Incorrect result will be produced
c. Result of the system are unreliable
d. Complex technology used.

Risk control objectives are established in
a. Design phase
b. Requirement Phase
c. Testing Phase
d. Implementation Phase

Which of the following is not Risk characteristic
a. Inherent in every project
b. Neither intrinsically good not bad
c. Something to fear but not something to manage
d. Probability of loss

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