Which of the following best describes a qualitative assessment?

A. A qualitative assessment deals with real numbers and seeks to place dollar values on losses. These dollar amounts are then used to determine where to apply risk controls.

B. A qualitative assessment assigns ratings to each risk.

C. A qualitative assessment is performed by experts or external consultants who seek to place dollar values on losses.

D. A qualitative assessment is performed by experts or external consultants, is based on risk scenarios, and assigns non-dollar values to risks.