A Robust Risk Management System Will Not

question 46

Multiple Choice

A robust risk management system will not

• A)only do things that have no risk
• B)decide the extent of acceptable risk
• C)judge its ability to reduce risk
• D)estimate costs of control in managing risk

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Definitions:

Quality

A characteristic or property that distinguishes an object, material, or service, determining its nature and significance.

Categorical Proposition

A statement that asserts or denies something about all members of a category.

Quantity

A characteristic that pertains to the amount or number of objects or units.

Quality

In logic, quality refers to the positive or negative nature of a categorical proposition, with affirmative propositions asserting something about the subject and negative propositions denying something.