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Which option BEST describes how the level of risk is determined?

Which option BEST describes how the level of risk is determined?
A . The likelihood of an adverse event happening multiplied by the cost of preventing it
B . The consequences of a potential problem multiplied by the cost of possible legal action
C . The impact of an adverse event multiplied by the likelihood of that event occurring
D . The likelihood and the probability of a hazard occurring

Answer: C

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