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Technician A says to use a die grinder and a fine abrasive pad to polish the surface of a valve. Technician B says to use a fine emery cloth when removing a scratch from a valve. Who is correct?
Risk Reduction
Strategies or actions implemented to minimize the probability or impact of negative events or losses.
Market for Risk
A financial market where individuals and institutions trade financial instruments to manage risk exposure.
Risk Reduction
Strategies or actions taken to minimize the potential for loss or harm in investment, business operations, or other areas of concern.
Probability
The probability or possibility of a particular event happening.
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