ASIS Exam PSP Topic 1 Question 109 Discussion

Actual exam question for ASIS's PSP exam

Question #: 109
Topic #: 1

[All PSP Questions]

______________ has been defined as the impact of a loss as measured in dollars.

ACriticality

BLoss reserves

CCorruptness

DImmorality

Show Suggested Answer

Suggested Answer: B

by Lorrie at Mar 24, 2025, 12:32 PM

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Elouise

3 months ago

B) Loss reserves, for sure. That's the classic definition of the financial impact of a loss. Easy peasy!

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Veronika

3 months ago

Haha, C) Corruptness? I guess they're trying to sneak in a trick question here. Nice try, but I'm not falling for that one!

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Yasuko

2 months ago

D) Immorality doesn't really fit in this context, so it's definitely not the right answer.

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Derick

2 months ago

B) Loss reserves are important too, they help prepare for potential losses.

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Melinda

2 months ago

A) Criticality is the correct answer. It's all about measuring the impact of a loss in dollars.

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Desiree

3 months ago

D) Immorality? Really? I don't think that's the right answer. Maybe the person who wrote this question was trying to be funny, but it's not very helpful.

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Tracey

2 months ago

C) Corruptness

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Bok

3 months ago

B) Loss reserves

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Keneth

3 months ago

A) Criticality

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Ernie

4 months ago

A) Criticality? I'm not sure about that one. Seems more like a technical term than a financial concept.

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Silvana

3 months ago

C) Corruptness and immorality are not related to the financial concept of loss.

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Romana

3 months ago

A) Oh, I see. So it's about measuring the financial impact of a loss.

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Marguerita

3 months ago

C) Corruptness and immorality are not related to the financial concept being discussed.

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Chu

3 months ago

B) Loss reserves are funds set aside to cover potential losses.

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Aileen

3 months ago

B) Loss reserves are funds set aside to cover potential losses.

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Dorthy

3 months ago

A) Criticality is the correct answer. It refers to the impact of a loss in terms of dollars.

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Samira

3 months ago

A) Criticality is the correct term. It refers to the impact of a loss in dollars.

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Halina

4 months ago

Hmm, I think the answer is B) Loss reserves. It makes sense that loss would be measured in dollars, right?

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Janey

3 months ago

Definitely not corruptness or immorality, those don't relate to measuring loss.

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Ilene

3 months ago

Criticality doesn't really fit the definition of measuring loss in dollars.

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Devorah

3 months ago

Yeah, it's important to have reserves set aside for potential losses.

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Gianna

4 months ago

I think you're right, loss reserves are definitely measured in dollars.

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Lenora

4 months ago

Yes, criticality and corruptness don't really make sense in this context.

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Juliana

4 months ago

I agree, loss reserves are definitely measured in dollars.

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Carlene

4 months ago

I think it could also be B) Loss reserves, as it relates to measuring the impact of a loss financially.

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Arlette

4 months ago

I agree with Julio, criticality makes sense in this context.

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Julio

4 months ago

The answer is A) Criticality.

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