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1. Payment of legal damages from out of negligently injuring someone is a liability loss.
2. Total impact of claims can devastate a business. Which one has the biggest liability impact?
3. Which one is not considered indirect loss?
4. Losses can be controlled by:
5. Loss control is any intentional action by the management intended to prevent or reduce risks which are not?
6. Refers to professional management techniques directed at transferring losses.
7. Loss control management aims to eliminate or reduce problems related to:
8. Considered very important aspect of Loss Control and Risk Management is:
9. As the business increases investment, the risk of loss becomes more serious with each increment of investment.
10. Which statement is not true.
11. A risk category that offers chance of either earning a profit or incurring losses.
12. Risk can either be:
13. Organizational failure, unsafe supervision and unsafe behaviors are examples of loss incident causation models.
14. The biggest difficulty with cost-benefit analysis is:
15. Fencing, alarm system and CCTV cameras are examples of:
16. Accidents in the workplace are:
17. In managing the accident scene, which one comes first?
18. The harmful emotional and physical responses caused by an imbalance perceived demands and perceived resources and ability of individuals to cope with those demands.
19. An organization that has a program of safe job procedures but cannot tell whether these are being used is:
20. Based on principles about motivating, reinforcing and sustaining safe behaviors.
21. When we say “accident prevention can be an economic objective”, we mean:
22. The consequence of accidents and ill-health in the workplace goes beyond the workplace.
23. _______ is a managerial process of planning, organizing, leading and controlling to minimize adverse effects of accidental losses.
24. An indicator that provides a measure of how an organization is doing in terms of safety objectives.
25. Method commonly used to make an economic evaluation of the costs and consequences of an action, expressed in money terms.
26. Cutting expenditures on safety and health is equivalent to cutting cost of accidents and work-related ill health.
27. A plan that lays out the actions to be taken during normal periods and the means and methods by which a business can swiftly recover from a major disruption or an emergency situation.
28. Earthquakes, fire and explosions and pandemic are examples of:
29. Potential loss or harm related to technical infrastructure, use of technology or reputation of an organization.
30. An element of communication that can act as a consequence to reinforce desired behavior.
31. The result of the _________ is the basis for writing Safe Job Procedures (SJPs).
32. Which one is not priority among the main considerations in selecting the critical few jobs for analysis:
33. Is a two-way process that is effective in linking the ideas of management and workers.
34. The application of engineering and management principles, criteria and techniques to optimize safety.
35. Experience has shown that many failures are not due to “systems being built the wrong way” but actually the “wrong systems having been built”.
36. A Fleet Loss Prevention Program can _______ insurance claims and help _________ the frequency and severity of future losses.
37. Protection of property from all kinds of loss through theft, fraud, fire, and other forms of damage and waste.
38. The first step in understanding how to prevent fire and mitigate the impact, if it happens.
39. Product liability insurance cannot prevent accidents and does not cover time losses.
40. Formal and systematic examination of incident or accident.
41. Essential first step that helps an industrial hygienist determine what jobs and work stations are the sources of potential problems.
42. Loss potential is determined by analyzing:
43. After identifying hazards and exposures, loss control measures related to products include:
44. A record that contains security risk assessment providing an overview of the significant security risks faced by an organization.
45. The topmost cause of industrial fire based on the study of the Association of Fire Insurance Companies.
46. Accidents most likely have _________cause(s) that can be identified by careful and thorough consideration of the accident.
47. The basic and underlying causes of accidents are categorized into personal and job factors. Which one is not a job factor?
48. Medical surveillance and biological monitoring are useful in which process in industrial hygiene?
49. In evaluating loss potential, “catastrophic, major and minor “are categories of:
50. Defect-reporting and follow-up procedures are integrated to what element of Fleet Safety?