NAB Risk Assessment & Mitigation 2

Question 1

A broadcast facility's risk register should primarily document which of the following?

Accepted Answer

Identified risks, their likelihood, potential impact, and assigned owners

Answer

A risk register captures identified risks along with their probability, impact severity, and the individuals responsible for managing each risk.

Question 2

Which qualitative risk analysis technique uses a grid to plot risks by probability and impact to prioritize response efforts?

Accepted Answer

Probability-impact matrix

Answer

A probability-impact matrix visually categorizes risks into high, medium, and low priority zones based on their likelihood and potential consequences.

Question 3

When a broadcast station transfers the financial consequence of a risk to an insurance company, this strategy is best described as:

Accepted Answer

Risk transfer

Answer

Risk transfer shifts the financial burden of a risk to a third party, such as an insurer, without eliminating the underlying threat.

Question 4

A television station decides not to broadcast live from flood-prone areas during severe weather season. This is an example of which risk response strategy?

Accepted Answer

Risk avoidance

Answer

Risk avoidance involves changing plans or operations to eliminate the threat entirely rather than managing its effects.

Question 5

Residual risk is best defined as:

Accepted Answer

The risk that remains after risk response measures have been implemented

Answer

Residual risk is the level of risk that persists even after controls and mitigation measures have been applied.

(NAB) National Association of Broadcasters Certification Practice Test

(NAB) National Association of Broadcasters Certification Practice Test

NAB Risk Assessment & Mitigation 2