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ARM 401 - Segment A: Questions And Solutions
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ARM 401 - Segment A: Questions And Solutions
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ARM 401 - Segment A: Questions And SolutionsRisk threshold Right Ans - The range or amount of risk that is acceptable.
Sensor Right Ans - A device that detects and measures stimuli in its
environment.
Radio frequency identification (RFID) Right Ans - A technology that uses
radio frequency to identify objects.
Artifical intelligence (AI) Right Ans - Computer processing or output that
simulates human reasoning or knowledge.
Computer vision Right Ans - A technology that simulates human vision.
Risk register Right Ans - A tool developed at the risk owner level that links
specific activities, processes, projects, or plans to a list of identified risks and
results of risk analysis and evaluation and that is ultimately consolidated at
the enterprise level.
Risk map Right Ans - A template depicting the likelihood and potential
impact/consequences of risks.
Risk appetite Right Ans - Amount of risk an organization is willing to take
on in order to achieve an anticipated result or return.
Inherent risk Right Ans - The level of risk that would be faced if it were to
remain untreated or no action were to be taken to alter the level of risk.
Residual risk Right Ans - The level of risk remaining after actions are taken
to alter the level of risk.
Optimum risk Right Ans - The level of risk that is within an organization's
risk appetite.
Risk control Right Ans - A conscious act or decision not to act that reduces
the frequency and/or severity of losses or makes losses more predictable.
, Energy transfer theory Right Ans - An approach to accident causation that
views accidents as energy that is released and that affects objects, including
living things, in amounts or at rates that the objects cannot tolerate.
Technique of operations review (TOR) Right Ans - An approach to accident
causation that view the cause of accidents to be a result of management's
shortcomings.
Change analysis Right Ans - An analysis that projects the effects a given
system change is likely to have on an existing system.
Job safety analysis (JSA) Right Ans - An analysis that dissects a repetitive
task, whether performed by a person or machine, to determine potential
hazards if each action is not performed.
System safety Right Ans - A safety engineering technique also used as an
approach to accident causation that considers the mutual effects of the
interrelated elements of a system on one another throughout the system's life
cycle.
Conceptual phase Right Ans - A phase in the life of a system when the basic
purpose and preliminary design of the system are formulated.
Engineering phase Right Ans - A phase in the life of a system when the
system's design is constructed and prototypes are tested.
Production phase Right Ans - A phase in the life of a system when the
actual system is created.
Operational phase Right Ans - A phase in the life of a system when the
system is implemented.
Disposal phase Right Ans - A phase in the life of a system when the system
reaches the end of its useful life and is disposed of.
Causal factors Right Ans - The agents that directly result in one event
causing another.
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