F80 Hazard Identification and Risk Assessment 4

Question 1

What is the main difference between a hazard and a risk?

Accepted Answer

A hazard is a potential source of harm; a risk is the likelihood and consequence of that harm occurring

Answer

A hazard is always more dangerous than a risk

Answer

Risk refers only to financial loss, while hazard refers to physical injury

Answer

There is no difference; the terms are interchangeable in OSHA standards

Question 2

Which of the following control methods is an example of an engineering control?

Accepted Answer

Installing machine guards to prevent contact with moving parts

Answer

Requiring workers to wear hearing protection in noisy areas

Answer

Posting warning signs near electrical panels

Answer

Rotating workers to limit their time in a hazardous area

Question 3

What is 'quantitative risk assessment' (QRA)?

Accepted Answer

A numerical approach that assigns probability and consequence values to estimate risk magnitude

Answer

A subjective ranking of hazards based on worker opinion surveys

Answer

A count of the total number of hazards identified in a workplace

Answer

A qualitative method using color-coded risk matrices only

Question 4

Under OSHA's Hazard Communication Standard (HazCom 2012), the Globally Harmonized System (GHS) requires that labels include:

Accepted Answer

Signal word, hazard statements, pictograms, and precautionary statements

Answer

Only the product name and manufacturer address

Answer

Employee acknowledgment signatures and training dates

Answer

Cost per unit and storage temperature only

Question 5

Which of the following scenarios best illustrates the concept of 'acceptable risk'?

Accepted Answer

Management decides residual risk after controls is low enough that no additional action is required

Answer

A company ignores a known hazard because no OSHA standard addresses it

Answer

Workers agree to waive their right to a safe workplace in exchange for higher pay

Answer

An employer eliminates all monitoring programs to reduce operational costs

Question 6

What does HAZOP stand for and what is its primary purpose?

Accepted Answer

Hazard and Operability Study — systematically reviews process designs to identify deviations that could cause hazards

Answer

Hazardous Operations Procedure — documents emergency response actions

Answer

Hazardous Occupational Protocol — establishes PPE requirements for chemical workers

Answer

Hazard Overview Plan — summarizes annual safety performance metrics

Question 7

Which of the following represents the correct order of the risk management process?

Accepted Answer

Identify → Assess → Control → Monitor

Answer

Control → Identify → Assess → Monitor

Answer

Assess → Identify → Monitor → Control

Answer

Monitor → Control → Identify → Assess