​The Residual Risk Associated with a Particular Risk Response Alternative

question 68

Multiple Choice

​The residual risk associated with a particular risk response alternative equals the:

• A) ​likelihood that remains after the alternative is implemented multiplied by the impact that remains after the alternative is implemented.
• B) ​likelihood that remains after the alternative is implemented divided by the impact that remains after the alternative is implemented.
• C) ​likelihood that remains after the alternative is implemented divided by the risk response cost.
• D) ​likelihood that remains after the alternative is implemented multiplied by the risk response cost.

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Definitions:

Disjuncts

Individual choices or alternatives within a disjunctive proposition, where the truth of any one disjunct implies the falsity of the others when presented in an "either/or" format.

Syllogisms

A form of logical reasoning where a conclusion is drawn from two given or assumed propositions (premises), each of which shares a common or middle term not present in the conclusion.

Hypothetical Proposition

A statement that posits a condition and its potential outcome, often structured as "if-then."

Converse

In logic, the converse of a conditional statement is formed by reversing its antecedent and consequent.