6. A person who prefers to avoid risk is____________________. A. Risk Tolerant B. Risk Averse C. Risk Hater D. Risk Seek

[answerhappygod]

6. A person who prefers to avoid risk
is____________________.
A. Risk Tolerant
B. Risk Averse
C. Risk Hater
D. Risk Seeker
7. A subordinate informs you as a manager that a particular
piece of equipment may malfunction during the peak of its usage.
You told him to do nothing, and you decide to manage it once the
equipment fails. What kind of strategy is this?
A. Avoidance.
B. Acceptance.
C. Exploitation.
D. Mitigation.
8. Which of the following techniques will not be used in the
process of identifying risks?
A. Checklist Analysis
B. Earned Value Management
C. SWOT Technique
D. Production flow analysis
9. One of the primary reasons that an organization should
monitor and regularly review its risk management process is
to_______________________.
A. Consider whether lessons could be learned for future
management of risks.
10. Within an organization, when attempting to manage and
control risk, the organization should be aware
that_________________.
A. Consideration of risk perception is not required
B. Consideration should be given to internal controls only
C. Uncertainty must be taken into account
D. Uncertainty need not be considered
B. Ensure that all significant risks are eliminated
immediately
. C. Evidence that all risks are measured in financial terms
only.
D. Evidence that an internationally-recognized framework is
followed at all times