You are the risk professional of your enterprise. You have performed cost and benefit analysis of control that you have adopted. What are all the benefits of performing cost and benefit analysis of control? Each correct answer represents a complete solution. Choose three.

A. It helps in determination of the cost of protecting what is important
B. It helps in taking risk response decisions
C. It helps in providing a monetary impact view of risk
D. It helps making smart choices based on potential risk mitigation costs and losses