NES Risk Assessment & Management 4

Question 1

A district safety coordinator conducts a hazard inspection and creates a list of potential dangers found in each school building. This activity represents which stage of risk management?

Accepted Answer

Risk identification

Answer

Risk identification is the process of finding and cataloging potential hazards or threats before any analysis or response occurs.

Question 2

Which of the following is an example of risk mitigation rather than risk avoidance?

Accepted Answer

Installing safety eyewear requirements for lab students

Answer

Mitigation reduces the likelihood or impact of a risk without eliminating the activity, such as requiring protective equipment during labs.

Question 3

When evaluating risk controls, the concept of 'cost-benefit analysis' is applied to determine:

Accepted Answer

Whether the cost of a control is justified by the reduction in expected loss

Answer

Cost-benefit analysis compares the expense of implementing a risk control against the expected reduction in loss to assess whether the control is worthwhile.

Question 4

A school district's business continuity plan (BCP) is designed to:

Accepted Answer

Ensure critical operations continue during and after a disruptive event

Answer

A business continuity plan outlines procedures to maintain essential functions and recover quickly when disruptions such as disasters or system failures occur.

Question 5

Which of the following best describes 'risk tolerance' in an organizational context?

Accepted Answer

The acceptable variation in outcomes relative to the organization's risk appetite

Answer

Risk tolerance defines the acceptable level of deviation from the risk appetite—essentially, how much variance in outcomes leadership is willing to accept.

NES Test Practice Test

NES Test Practice Test

NES Risk Assessment & Management 4