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Question:

Nelson has calculated the Annualized Rate of Occurrence (ARO) for a risk in his organization to be 3. This means that he expects the event to occur approximately how many times per year?

A Three times a year.
explanation

The Annual Rate of Occurrence (ARO) represents the frequency of an event occurring within a year. In Nelson's risk assessment, he has determined that the event in question will occur three times per year.

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