Risk Assessment Quiz

Which of the following is the first step in the risk assessment process?

• Risk Analysis

• Risk Evaluation

• Risk Identification

• Risk Treatment

In risk analysis, 'likelihood' refers to:

• How costly the risk is

• How often the risk may occur

• How to control the risk

• How the public reacts to the risk

A slippery hotel lobby floor is an example of:

• Risk treatment

• Hazard

• Risk avoidance

• Risk analysis

If a restaurant decides to install a CCTV system to prevent theft, it is an example of:

• Risk retention

• Risk transfer

• Risk avoidance

• Risk reduction

When a catering company buys insurance to protect against damage claims, it is practicing:

• Risk transfer

• Risk avoidance

• Risk evaluation

• Risk reduction

Which of the following is NOT part of risk assessment?

• Risk identification

• Risk analysis

• Risk evaluation

• Risk celebration

In a buffet setup, placing food warmers at correct temperatures is an example of:

• Hazard identification

• Risk retention

• Risk reduction

• Risk transfer

Which type of risk treatment involves completely stopping the activity that causes the risk?

• Reduction

• Transfer

• Avoidance

• Retention

If the probability of a risk is high but the impact is low, what should be the primary approach?

• Avoidance

• Reduction

• Transfer

• Ignore it

A hotel decides to continue operating a swimming pool despite the drowning risk, but with lifeguards on duty. This is:

• Risk retention with control measures

• Risk avoidance

• Risk transfer

• Risk elimination