1 | Residual Risk | | _____ | System for identifying, evaluating, and controlling actual and potential risks to an organization. |
2 | Reverse Innovation | | _____ | Innovations created for or by emerging-economy markets and then imported to developed-economy markets. |
3 | Risk | | _____ | Process by which a retirement benefit becomes nonforfeitable. |
4 | Risk Appetite | | _____ | Practice of purchasing and using resources wisely by balancing economic, social, and envronmental concerns, with the goal of securing the interests of present and future generations. |
5 | Risk Control | | _____ | U.S. act that requires some employers to give a minimum of 60 days’ notice if a plant is to close or if mass layoffs will occur. |
6 | Risk Management | | _____ | U.S. act that protects the employment, reemployment, and retention rights of persons who serve or have served in the uniformed services. |
7 | Risk Position | | _____ | Uncertainty that has an effect on an objective, where effect outcomes may include opportunities, losses, and threats. |
8 | Risk Scorecard | | _____ | An organization’s desired gain or acceptable loss in value. |
9 | Risk Tolerance | | _____ | Reporting of an organization’s violations of policies and processes by employees. |
10 | Sarbanes-Oxley Act (SOX) | | _____ | Procedural document designed to assist employers in complying with federal regulations prohibiting discrimination. |
11 | Sexual Orientation | | _____ | Economic, social, and environmental impact metrics used to determine an organization’s success. |
12 | Single Loss Expectancy (SLE) | | _____ | Action of rejecting a bill or statute. |
13 | Sustainability | | _____ | Amount of uncertainty that remains after all risk management efforts have been exhausted. |
14 | Triple Bottom Line | | _____ | Legal doctrine under which a party can be held liable for the wrongful actions of another party. |
15 | Uniform Guidelines on Employee Selection Procedures | | _____ | Any fixed, recurring period of 168 consecutive hours (7 days times 24 hours = 168 hours). |
16 | Uniformed Services Employment and Reemployment Rights Act (USERRA) | | _____ | Union employees’ right in U.S. to have a union representative or coworker present during an investigatory interview. |
17 | Vesting | | _____ | U.S. act that requires that all publicly held companies establish intenal controls and procedures for financial reporting to reduce the possibility of corporate fraud. |
18 | Veto | | _____ | Amount of uncertainty an organization is willing to pursue or to accept to attain its risk management goals. |
19 | Vicarious Liability | | _____ | Expected monetary loss every time a risk occurs; calculated by multiplying asset value by exposure factor. |
20 | Weingarten Rights | | _____ | An action taken to manage a risk. |
21 | Whistleblowing | | _____ | Tool used to gather individual assessments of various characteristics of risk (e.g., frequency of occurrence; degree of impact, loss, or gain for the organization; degree of efficacy of current controls). |
22 | Worker Adjustment and Retraining Notification (WARN) Act | | _____ | Sexual, romantic, or emotional/spiritual attraction that one feels for persons of the opposite sex or gender, the same sex or gender, or both sexes and more than one gender. |
23 | Workweek | | _____ | Amount of uncertainty an organization is willing to pursue or to accept to attain its risk management goals. |