Residual Risk Is Also Known as Risk Tolerance and Is

question 44

True/False

Residual risk is also known as risk tolerance and is the amount of risk organizations are willing to accept after all reasonable controls have been implemented.

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging the likelihood of a behavior being repeated.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

Temper Tantrums

Emotional outbursts, often characterized by crying, screaming, or aggressive behaviors, common in young children as a response to frustration or not having their needs met.

Gold Star

A symbol of praise or achievement, often used in educational and military contexts to signify excellence or high standards.