In the risk matrix, Level 4 corresponds to which cost impact range?

In the risk matrix, Level 4 corresponds to which cost impact range?

• A. $100,000 -<$150,000
• B. ≥$200,000
• C. $50,000 -<$150,000
• D. $150,000 -<$200,000

Answer: (D)

In a risk matrix, levels correspond to specific cost impact ranges, so you can quickly gauge how severe a risk is by its potential cost. Level 4 is defined as a cost impact from 150,000 up to, but not including, 200,000. That means any potential impact between 150,000 and 199,999.99 would be Level 4. Choices with lower ranges (like 100,000–149,999 or 50,000–149,999) sit below Level 4, while the range of 200,000 or more sits above it. So the correct fit for Level 4 is 150,000 to less than 200,000.

In a risk matrix, levels correspond to specific cost impact ranges, so you can quickly gauge how severe a risk is by its potential cost. Level 4 is defined as a cost impact from 150,000 up to, but not including, 200,000. That means any potential impact between 150,000 and 199,999.99 would be Level 4. Choices with lower ranges (like 100,000–149,999 or 50,000–149,999) sit below Level 4, while the range of 200,000 or more sits above it. So the correct fit for Level 4 is 150,000 to less than 200,000.