Risk is the potential of gaining or losing something of value Quizlet

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Terms in this set (20)

In the context of development of safety critical systems, if an undesirable event has a ten percent probability of occurring and a potential cost of $50,000, then the risk can be calculated as which of the following?

5000

Which of the following is an approach to minimizing the impact of software errors by independently implementing the same set of user requirements N times, where N could be 2, 3, 4, or more?

N-version programming

Which of the following terms is defined as the potential of gaining or losing something of value?

Risk

Which of the following can be oral, written, or inferred from the seller's conduct?

Express warranties

A complex system used in IT is a redundant array of independent disks (RAID), which is commonly used in which type of file servers?

high-volume data storage

At which of the Capability Maturity Model Integration maturity levels, are processes well defined, understood, and consistent across the organization?

Defined

After an organization decides to adopt which of the following, it must conduct an assessment of its software development practices to determine where they fit in the capability model?

CMMI-DEV

Software quality is defined as the degree to which a software product meets:

the needs of its users

In which of the following is defendant held responsible for injuring another person, regardless of negligence or intent?

Strict liability

If the product fails to meet the terms of its written guarantee, the buyer or lessee can sue for which of the following?

breach of warranty

What type of programming is commonly found in airplane and spacecraft control systems?
Selected Answer:

Triple version programming

The safety engineer uses a logging and monitoring system to track which of the following?

hazards

Which family of standards serves many industries and organizations as a guide to quality products, services, and management?

ISO 9001

In the context of Capability Maturity Model Integration, process is ad hoc and chaotic; organization tends to overcommit and processes are often abandoned during times of crisis in which of the following maturity levels?

initial

Which of the following is a standard, proven work process that enables those involved to make controlled and orderly progress in developing high-quality software?

software development methodology

Which of the following are defined as a set of interrelated components that include hardware, software, databases, networks, people, and procedures that collect data, process it, and disseminate the output?

Business information systems

What form of testing involves viewing the software unit as a device that has expected input and output behaviors but whose internal workings are unknown?

Black-box testing

One approach to quality assurance is to test the code for a completed unit of software by actually entering test data and comparing the results with the expected results in a process known as which of the following?

dynamic testing

A type of business system which is used to develop accurate forecasts of customer demand, recommend stocks and bonds for an investment portfolio is known as which of the following?

decision support system

Products, such as statements of requirements, flowcharts, and user documentation, are known as which of the following?

deliverables

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A(n) _____ is a variable that is initialized to some starting value, usually zero and then has numbers added to it in each iteration of a loop.

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True or False? Machine language is the only language that a CPU understands.

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The expression "number" +6+4*5 produces which of the following string literals? a. "number645", b. "number105", c. "number50", d. "number620", e. "number26".

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What is the term for the potential of gaining or losing something of value?

According to Goetsch (2011) risk is the potential of losing something of value. Values (such as physical health, social status, emotional wellbeing or financial wealth) can be gained or lost when taking risk resulting from a given action, activity and/or inaction, foreseen or unforeseen.

Which of the following terms is defined as the potential of gaining or losing something of value quizlet?

Risk is the potential of gaining or losing something of value. True. Software quality is the degree to which a software product meets the needs of its users. True. In integration testing, special software programs called static analyzers are run against the new code.

What type of risk involves the potential for loss and the possibility for gain quizlet?

Speculative risk involves the chance of both loss and gain. For example, the placement of a bet at a racetrack is a speculative risk.

What is the difference between risk and uncertainty quizlet?

Risk refers to decision-making situations under which all potential outcomes and their likelihood of occurrences are known to the decision-maker, and uncertainty refers to situations under which either the outcomes and/or their probabilities of occurrences are unknown to the decision-maker.