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Risk Management
Questions
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QUIZLET
Questions 2
100
Of the 5 categories of operational risks Personnel Risk is categorized by: a. virus damage b. internal fraud c. external fraud d. loss of business environments
What is INTERNAL FRAUD? pg 4
100
A 16 yr old finds a summer job at a coal mine. What makes this illegal? a. FLSA (Fair Labor Standards Act) b. Mine Safety and Health Act c. Hazard Communication d. Occupational Safety & Health Act
What is FLSA? (defines jobs that are not suitable for children ages 16-18). phr book pg 531
100
Gives Big Brother greater authority to fight terrorism. a. Homeland Security Act b. USA Patriot Act c. The 2nd Amendment d. The Drone Act
What is the USA Patriot Act? pg 44
100
Ergonomics looks at the _____ demands of work. a. furniture b. physical c. unhealthy d. mental
What is physical?
100
Communication to employees about a toxic substance in the workplace is regulated by the A. Drug Free workplace Act B. Hazard Communications C. Freedom of Information Act D. ADA
What is Hazard Communications? pg 25
200
Risk Management is the identification, evaluation, and control of risk that may incorporate the use of _________ and other strategies. a. safety b. health c. insurance
What is INSURANCE? pg 4
200
In the context of organizational risk, the term “risk” is appropriately defined as A.The possibility of primarily negative future outcomes B.Concerns that rest with a risk manager. C.HR responsibilities. D.The possibility of positive opportunities and outcomes as well as negative.
What is 'The possibility of positive opportunities and outcomes as well as negative.' (page 4)
200
This. law limits the types of work that younger employees, especially those under the age of 18, can perform? a. Right to Fire b. Right to Work c. Fair Labor Standards Act d. Professional Liability Act
What is Fair Labor Standards Act? pg 46
200
_____ is the protection of employees and organizational facilities.
What is SECURITY?
200
Which of the following is an employee right by OSHA? A. The right to have an authorized employee rep acompany an inspection B.The right to refuse an inspection C.The right to apply to OSHA for a variance from a standard. D.The right to apply to OSHA for a job transfer
What is the right to have an authorized employee rep acompany an inspection? pg 20
300
HR has been involved in Risk Management for years with respect to 'people' risks to including all but_________. a. staffing b. Unemployment compensation c. workers compensation d. mediation
What is MEDIATION? pg 4
300
_____is a condition in which the physical well-being of people is protected. a. Risk b. Health c. Excercise d. Safety
What is SAFETY? (quizlet website)
300
In GINA, employers can KEEP genetic information on workers? a. TRUE b. FALSE
What is TRUE? pg 46
300
The following are all factors affecting ____ ____ 1. Size & location of organization, 2. Industry characteristics and demands 3. Geographic and global location factors, 4. Government mandated programs and requirements. a. Disaster Plans b. Risk Management c. Wellness Plans
What is Risk Management?
300
Which of the following is not a strategy for protecting proprietary information? A. Remind workers not to discuss organizational activities in public places B. Have all employees promise to safeguard organizational secrets. C. Place all organizational information on the intranet and Web sites. D. Have contractors and employees sign confidentiality nondisclosure agreements
What is Place all organizational information on the intranet and Web sites? pg 128
400
The RISK MANAGEMENT PROCESS consists of 4 steps. 1. IDENTIFY RISKS 2. ____________ RISKS 3. MANAGE RISKS 4. _____________ RISKS. a. organize & eliminate b. assess & analyze c. assess & review
What is ASSESS & REVIEW. phr book
400
_____ addresses employee work assignments, requires employers to keep records on occupational illnesses and injuries, inspects workplaces, and can issue citations for several levels of violations. A. MPB's (Merit Protection Boards) B. OSHA C. FLSA
What is OSHA? (quizlet)
400
HR professionals ensure that board of directors is aware of risk management concerns and training. This act focuses on corporate responsibilities. DOUBLE!!!!!!! a. Fiduciary Status Act b. Sarbanes-Oxley Act c. Whistle Blower Act
What is Sarbanes-Oxley Act? pg 12
400
Both the Family and Medical Leave Act (FMLA) and the Americans with Disabilities Act (ADA) affect employer _____ and _____ policies and practices.
What is HEALTH & SAFETY.
400
Which of the following is the FIRST step in conducting a security risk analysis? a. Develop an emergency response plan b. Determine the ratio of the cost of protection c. Determine the organization’s security risk factors d. Determine the cost of replacing lost or damaged assets
What is determine the organization’s security risk factors? pg 110
500
Risk management is broader than just financial risk and responding to regulatory requirements. There are 5 Categories of operational risk. Three are, Personnel Risk Physical assets, Regulatory. The other two are: a. Technology & Relationships b. Health & Safety
What is TECHNOLOGY & RELATIONSHIPS? pg 4
500
An organizational disaster recovery plan typically refers to: A.Internal and external emergency communications B.Procedures to recover business operations in the event of a disaster C.Plans for training and testing equipment D.Securing adequate insurance
What is 'Procedures to recover business operations in the event of a disaster.' pg 8
500
The Drug Free Workplace Act requires that an employee has __________ days to inform the employer if they are convicted of a criminal drug offense in the workplace. a. 3 b. 5 c. 0 d. 7
What is FIVE? pg 43
500
Employers have responded to health problems by establishing and wellness programs and EAP's. Wellness programs help employees deal with a. job burnout b. gambling addiction c. Difibulator training
What is JOB BURNOUT? pg 87
500
With regard to technology security risks, which action would be most helpful? A. Focus on protecting only the most confidential and proprietary information B. Monitor employee use of the organization’s e-mail C. Restrict access to certain computer information to personnel with a need to know. D. Ensure that information technology personnel have the necessary qualifications.
What is restrict access to certain computer information to personnel with a need to know. Page 129