Take the following as truth: OMB's 1996 revision of Circular A-130, Appendix III, recognizes that federal agencies have had difficulty in performing effective risk assessments--expending resources on complex assessments of specific risks with limited tangible benefits in terms of improved security.
Then the following statement: "Nobody has yet recognized that federal agencies have had difficulty in performing effective risk assessments, and the money wasting goes on." is true, false, or inconclusive?