Which of the following statement are FALSE regarding the probability impact matrix technique?

A. An organization can rate a risk separately for each objective (i.e. cost, time, scope) B. The probability impact matrix is a tool/ technique of the quantitative risk analysis process C. Either descriptive terms or numeric rankings can be used to assign risk rankings to identified risks D. Opportunities and threats should not be evaluated in the same matrix concurrently E. The probability impact matrix specifies combinations of probability and impact that rank the risk as high, moderate and low priority