Podcast
Questions and Answers
Risk Evaluation involves an objective determination of whether a risk is high or low.
Risk Evaluation involves an objective determination of whether a risk is high or low.
False (B)
Risk acceptance can be influenced by management, culture, and current events.
Risk acceptance can be influenced by management, culture, and current events.
True (A)
Risk Characterization includes describing work activities and identifying threats.
Risk Characterization includes describing work activities and identifying threats.
True (A)
The primary focus of Risk Acceptance is to eliminate all risks entirely.
The primary focus of Risk Acceptance is to eliminate all risks entirely.
All risks are deemed acceptable uniformly across different cultures and organizations.
All risks are deemed acceptable uniformly across different cultures and organizations.
Flashcards
Risk Evaluation
Risk Evaluation
The process of judging the likelihood and impact of a risk, leading to decisions about whether to proceed or take action.
Acceptable Risk
Acceptable Risk
The level at which a risk is deemed acceptable, often influenced by factors such as culture, resources, and management.
Risk Characterization
Risk Characterization
Understanding the nature and specifics of the risks involved, including the source, likelihood, and consequences.
Hazards
Hazards
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Threats
Threats
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