Functional Area 12
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Measure taken to reduce the probability or severity of a threat. A control is any measure that modifies risk by decreasing the likelihood that a risk event will occur or the impact that the event would have on the organization.
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| show | Vulnerability. Vulnerability refers to the degree of probability that a loss will occur.
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| What is the best method to use when training employees on an emergency response plan? | show 🗑
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| show | To ensure employee compliance with the organization's safety programs. A safety self-audit is conducted by an employer to assure the organization that employees are following safety-related policies and procedures.
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| What is the best way to evaluate an emergency response plan? | show 🗑
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| show | Perception of risk as an integrated organizational issue. An enterprise risk management (ERM) system, such as COSO ERM, sees risk as an integrated issue that must be managed across divisions and functions in an enterprise.
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| What is the best example of risk mitigation? | show 🗑
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| What is meant by the term "residual risk"? | show 🗑
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| show | Walk through the area and observe conditions during work operations. The best solution among those offered would be direct observation.
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| Which HR professional is fulfilling the correct role of HR in managing organizational risk? | show 🗑
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| What is the usefulness of a key risk indicator (KRI)? | show 🗑
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| What key characteristic of an effective risk management program is identified in ISO 31000? | show 🗑
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| What is a good example of an upside risk? | show 🗑
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| A global organization establishes evacuation procedures and communication plans for company sites. The organization creates a website outside the company's firewall if the organization's network goes down. What activity has the organization completed? | show 🗑
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| What factors does the risk equation use to determine level of risk? | show 🗑
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Created by:
amy10159