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What is the BEST term to indicate an asset can suffer a failure and yet still continue operations?
Correct Answer: D
The IFMA Risk Management competency emphasizes that resilience refers to an asset's ability to endure failure and still function. * Resilience: The ability of a system to withstand faults and continue operations with minimal disruption. * Recoverable (A): Implies that failure leads to downtime but recovery is possible. * Continuity (B): Focuses more on business continuity planning rather than asset durability. * Dependable (C): Suggests reliability but does not imply post-failure functionality. Resilient systems include redundant power sources, disaster recovery plans, and backup infrastructure.