IFE761 Conclude

IFE761 Conclude

University

21 Qs

quiz-placeholder

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IFE761 Conclude

IFE761 Conclude

Assessment

Quiz

Religious Studies

University

Medium

Created by

DR. HASSAN

Used 7+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____ is the uncertainty that impacts the target .

Safety

Hazard

Injury

Risk

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Participating in insurance is BEST considered an example of risk __________ .

Mitigation

Transfer

Acceptance

Avoidance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The technique of assessing, minimizing, and preventing

accidental loss to a business, as through the use of insurance, safety measures, etc.

accidental loss insurance

business management

risk management

auto insurance

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When you participate in takaful, you are following a risk strategy known as risk sharing

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is Risk Management?
The deliberate approach or a real-time approach or to control risks.
The process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk cost with mission benefits. 
The ability to manage risks and implement controls necessary to accomplish the mission.
None of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one is NOT a principle of Risk Management (RM)

Integrate RM into all phases of missions and operations.

Make risk decisions at the appropriate level.

Only use RM while on duty

Accept no unnecessary risk.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main outcome of risk identification, in a risk management process is to:-

Identify and describe all risks that might occur in the project

Identify and determine the Importance of project risk

Identify and determine the previous risks in project

Identify and determine the responses of project risk

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