The Margin of Safety Is an Effective Measure of Risk

question 61

True/False

The margin of safety is an effective measure of risk for a company.

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Definitions:

I/O Module

Input/Output Module, a device that provides the physical connection and conversion between a controller and external devices, sensing and acting upon the physical environment.

Status Indicator Connections

Physical or virtual connections in a system used to display the current status or condition through indicators.

Output Module

A component within a PLC that provides the physical output actions based on the logic control signals.