In order to assess risk in aeronautical decision-making, what two basic considerations are recommended?
A
Convenience and effort required.
B
Likelihood and severity.✓ Correct Answer
C
Time and cost efficiency.
Explanation
The FAA's risk assessment approach rates each hazard by its likelihood (probability) and the severity of its consequences, often in a risk matrix. Convenience, effort, time and cost are not the basic risk considerations.
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