Risk assessment

Risk assessment

University

9 Qs

quiz-placeholder

Similar activities

Entrepreneurship Part 1

Entrepreneurship Part 1

University - Professional Development

10 Qs

PALP Week 7

PALP Week 7

University

10 Qs

Risk Management

Risk Management

University

10 Qs

Consideration of Internal Control in a Financial Statement A

Consideration of Internal Control in a Financial Statement A

University

10 Qs

PFM8 Insurance Risk Management

PFM8 Insurance Risk Management

University

10 Qs

Chapter 6: Risk & Return

Chapter 6: Risk & Return

University

11 Qs

Mini Quiz Homework - AIS & Control

Mini Quiz Homework - AIS & Control

University

10 Qs

Type of Tests in Audit of Financial Statements

Type of Tests in Audit of Financial Statements

University

10 Qs

Risk assessment

Risk assessment

Assessment

Quiz

Business

University

Hard

Created by

Sabine Kersting

Used 34+ times

FREE Resource

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the best way to define risk in business ?

It is the potential of being destroyed, of losing yourself, of walking away with a shattered heart and nothing to say for yourself except that you tried.

It is any agent that can cause harm or damage to humans, property, or the environment. Risk is defined as the probability that exposure to a hazard will lead to a negative consequence

Anything that threatens a company's ability to meet its target or achieve its financial goals is called business risk

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the best definition of hazard ?

Likelihood of harm in defined circumstances

Potential to cause harm

A person who is skilled in magic or who has magical powers

It is used to generally refer to risky situations whether big or small.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the frequency to assess risk assessment?

Monthly

Quarterly

Half Yearly

Yearly

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the second step in a risk assessment?

Record your findings

Evaluate the risk

Identify the hazard

Decide who may be harmed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who should undertake the risk assessment?
Health and safety Executive
A competent person
The manager
An employee

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When would you need to update your risk assessment?
when your workplace gets new equipment
After one year
When an employee leaves the business
When HSE comes to visit you

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How many steps are in the Risk Management Process?
Eight
Six
Five
Three

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which step is not part of a Risk Assessment?

Identify the hazards

Evaluate the risks and decide on control measures

Examine the cause of accident

Record findings and implement actions

9.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Nature of the harm refers to____________.

Who will get hurt

Where they get hurt

How will they get hurt

When they get hurt