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

A. The probability impact matrix specifies combinations of probability and impact that rank the risk as high, moderate and low priority B. An organization can rate a risk separately for each objective (i.e. cost, time, scope) C. Either descriptive terms or numeric rankings can be used to assign risk rankings to identified risks. D. In the probability impact matrix the probability and impacts of each risks are accessed against defined scale, and plotted on a two-dimensional grid. E. Opportunities and threats should not be evaluated in the same matrix concurrently.