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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.

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Suggested Answer: B

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

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Florinda
2 days ago
This seems like a straightforward definition question. I'll read through the options carefully and try to identify the one that best matches the description provided.
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Elouise
5 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
5 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
4 months ago
D) Immorality doesn't really fit in this context, so it's definitely not the right answer.
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Derick
4 months ago
B) Loss reserves are important too, they help prepare for potential losses.
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Melinda
4 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
5 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
4 months ago
C) Corruptness
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Bok
5 months ago
B) Loss reserves
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Keneth
5 months ago
A) Criticality
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Ernie
5 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
4 months ago
C) Corruptness and immorality are not related to the financial concept of loss.
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Romana
4 months ago
A) Oh, I see. So it's about measuring the financial impact of a loss.
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Marguerita
4 months ago
C) Corruptness and immorality are not related to the financial concept being discussed.
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Chu
5 months ago
B) Loss reserves are funds set aside to cover potential losses.
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Aileen
5 months ago
B) Loss reserves are funds set aside to cover potential losses.
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Dorthy
5 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
5 months ago
A) Criticality is the correct term. It refers to the impact of a loss in dollars.
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Halina
6 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
4 months ago
Definitely not corruptness or immorality, those don't relate to measuring loss.
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Ilene
4 months ago
Criticality doesn't really fit the definition of measuring loss in dollars.
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Devorah
5 months ago
Yeah, it's important to have reserves set aside for potential losses.
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Gianna
5 months ago
I think you're right, loss reserves are definitely measured in dollars.
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Lenora
5 months ago
Yes, criticality and corruptness don't really make sense in this context.
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Juliana
5 months ago
I agree, loss reserves are definitely measured in dollars.
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Carlene
6 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
6 months ago
I agree with Julio, criticality makes sense in this context.
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Julio
6 months ago
The answer is A) Criticality.
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