Arm 401 vocabulary - Study guides, Class notes & Summaries

ARM 401 Vocabulary – Complete Study Guide

ARM 401 Vocabulary With Solutions Verified By Experts Risk map a grid detailing the potential frequency and severity of risks faced by the organization Risk appetite The degree of uncertainty an entity is willing to take on, in anticipation of a reward. Inherent risk susceptibility to significant control problems in the absence of internal control Residual risk the risk that remains after management implements internal controls or some other response to risk

ARM 401 Vocabulary Exam Questions with Correct Answers Risk threshold - Answer-The level of risk exposure above which risks are addressed and below which risks may be accepted. Sensor - Answer-A device that responds to a physical stimulus (as heat, light, sound, pressure, magnetism, or a particular motion) and transmits a resulting impulse (as for measurement or operating a control). Radio frequency identification (RFID) - Answer-uses electronic tags and labels to identify objects wire...

ARM 401 Vocabulary Exam Questions with Correct Answers Risk threshold - Answer-The level of risk exposure above which risks are addressed and below which risks may be accepted. Sensor - Answer-A device that responds to a physical stimulus (as heat, light, sound, pressure, magnetism, or a particular motion) and transmits a resulting impulse (as for measurement or operating a control). Radio frequency identification (RFID) - Answer-uses electronic tags and labels to identify objects wireles...

ARM 401 Vocabulary Exam Questions with Correct Answers Risk threshold - Answer-The level of risk exposure above which risks are addressed and below which risks may be accepted. Sensor - Answer-A device that responds to a physical stimulus (as heat, light, sound, pressure, magnetism, or a particular motion) and transmits a resulting impulse (as for measurement or operating a control). Radio frequency identification (RFID) - Answer-uses electronic tags and labels to identify objects wirele...

Risk threshold - The level of risk exposure above which risks are addressed and below which risks may be accepted. Sensor - A device that responds to a physical stimulus (as heat, light, sound, pressure, magnetism, or a particular motion) and transmits a resulting impulse (as for measurement or operating a control). Radio frequency identification (RFID) - uses electronic tags and labels to identify objects wirelessly over short distances Artificial intelligence (AI) - Simula...

ARM 401 Vocabulary Exam Questions and Answers

ARM 401 Vocabulary Exam Questions with Correct Answers Risk threshold - Answer-The level of risk exposure above which risks are addressed and below which risks may be accepted. Sensor - Answer-A device that responds to a physical stimulus (as heat, light, sound, pressure, magnetism, or a particular motion) and transmits a resulting impulse (as for measurement or operating a control). Radio frequency identification (RFID) - Answer-uses electronic tags and labels to identify objects wireles...

Risk threshold - The level of risk exposure above which risks are addressed and below which risks may be accepted. Sensor - A device that responds to a physical stimulus (as heat, light, sound, pressure, magnetism, or a particular motion) and transmits a resulting impulse (as for measurement or operating a control). Radio frequency identification (RFID) - uses electronic tags and labels to identify objects wirelessly over short distances Artificial intelligence (AI) - Simulates human intel...