Risk Management & Safety Protocols Flashcards
7 cards from real CFA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Risk Management & Safety Protocols flashcards as text
A field agent handling a chemical spill should FIRST consult which resource for safety and response information?
Answer: The Safety Data Sheet (SDS) for the involved substance
The SDS provides substance-specific hazard data, exposure limits, PPE requirements, and spill response procedures.
In field risk management, 'transfer' as a risk response strategy means:
Answer: Shifting the financial or legal consequence of a risk to another party
Risk transfer (e.g., insurance, contracts) shifts the burden of loss to another entity without eliminating the underlying hazard.
A field agent operating in a foreign country should be MOST aware of which legal principle regarding use of force?
Answer: Host-nation laws and Status of Forces Agreements (SOFAs) govern permissible actions
SOFAs and host-nation law define what actions are legally permissible; agents cannot assume U.S. legal standards apply abroad.
Which of the following is the BEST indicator that a building is structurally unsafe for entry after an explosion?
Answer: Visible cracks in load-bearing walls and leaning structural columns
Cracks in load-bearing walls and leaning columns indicate compromised structural integrity and imminent collapse risk.
An agent conducting an after-action review (AAR) should focus PRIMARILY on:
Answer: Identifying what happened, why it happened, and how to improve
AARs are structured learning tools focused on honest analysis of events and improvement actions, not on assigning fault.
A field agent is required to maintain 'operational security' (OPSEC). Which action MOST directly violates OPSEC?
Answer: Discussing mission details in a public location where others can overhear
Discussing mission details in public exposes critical information to potential adversaries, directly undermining OPSEC.
When an agent completes a mission and returns to base, the FIRST priority regarding issued equipment should be to:
Answer: Inspect, clean, and report any damage or deficiencies before storage
Post-mission equipment inspection ensures deficiencies are caught and corrected before the next deployment, preventing equipment failures in the field.