The correct option is To rank and prioritize organizational responses to identified risks.

Qualitative risk assessment classifies likelihood and impact into categorical scales such as high medium and low and uses expert judgment workshops and stakeholder input to produce a prioritized list of risks and recommended responses.

This method is practical for broad cloud environments because it supports decision making when numeric loss data is unavailable or when teams need a rapid way to focus remediation and governance efforts.

To decide which technology platforms to adopt is incorrect because platform selection is a strategic choice that depends on requirements cost compliance and architecture and not primarily on qualitative risk ranking.

To compute estimated monetary loss figures is incorrect because deriving monetary estimates is the domain of quantitative risk assessment and it requires numeric models and loss data such as annualized loss expectancy and exposure factors.

To plan and organize testing activities for deployments is incorrect because testing and deployment planning are operational activities that can be informed by risk priorities but they are not the primary purpose of qualitative risk assessment.

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