Which of the following statements is accurate regarding data quality relative to the type of...

According to Section 7.3 of API 580:

“The data quality has a direct relation to the relative accuracy of the RBI analysis… Although the data requirements are quite different for the various types of RBI analysis, quality of input data is equally important no matter what approach to RBI is selected.”

This clearly establishes that regardless of whether a qualitative, semi-quantitative, or quantitative RBI method is chosen, the quality of data must remain consistently high to ensure meaningful risk assessments.