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Defect Priority is BEST described as

ALength of the defect description text
BSource code module where defect lives
CBusiness urgency of fixing the defect
DImpact of the defect on system function
Answer & Solution
Correct answer: C. Business urgency of fixing the defect
Priority = how soon the defect should be fixed from a business perspective (P0 ASAP, P1 next release, etc.). Severity is the technical impact. They are different and orthogonal axes.
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