Proscholar

Insurance correct answers -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium correct answers -the fee paid by the insured in exchange for insurance Principle of Indemnity correct answers -the insurer should be restored to where they were before the incident -no profit can be made Idemnification correct answers -to compensate for loss or damage; to provide security for financial reimbursement to an individual in...

When working with an older adult who is hearing-impaired, the use of which techniques would improve communication? (Select all that apply.) 1. Check for needed adaptive equipment. 2. Exaggerate lip movements to help the patient lip read. 3. Give the patient time to respond to questions .4. Keep communication short and to the point. 5. Communicate only through written information. correct answers 1,3,4 Nurses must communicate effectively with the health care team for which of the followi...

Risk Management Exam #1 (100% correct answers) Risk Management and Quality Assurance (With complete solution) The Risk Management Process (Well-enlightened) Risk Management, Lectures 1-3, True False (100% correct)

What is moral hazard? correct answers Moral hazard is a behavior change due to insurance-like benefits. An example of a moral hazard would be if a building owner burned a building. The peril would be fire, frequency would be increased, and the crime would be Arson. Finally, the moral hazard would be to collect property insurance. What is pure risk? correct answers Pure risk is the focus of traditional risk management, where all losses are recorded in financial terms. There is either a loss or...

The first stages of Continuous Risk Management is: correct answers Planning The second stages of Continuous Risk Management is: correct answers Identification The third stages of Continuous Risk Management is: correct answers Analysis The fourth stages of Continuous Risk Management is: correct answers Response The last stage of Continuous Risk Management is: correct answers Monitoring and control The process of setting risk parameters and tolerances and planning the risk managemen...

What is risk? correct answers Likelihood that a loss will occur. Harm that may arise from some current process or future event. Process of understanding and responding to factors that may lead to failure of CIA. What is risk cont. correct answers Likelihood Threat Vulnerability Impact Risk Component: Losses correct answers Losses- occur when a threat exposes a vulnerability results in a compromise to business functions or assets Threat correct answers Any activity that rep...

What publication covers risk management? correct answers AR 100-14 What is the purpose of the Army Safety Management System Program? correct answers To eliminate accidents, deaths, and occupational illnesses by applying RM strategies towards achieving a goal of significant annual reductions in all accidents and occupational injuries and illnesses, with the ultimate goal of zero accidents, no occupational injuries or illnesses, and compliance with Army SOH standards and policies. What are f...

States differ in their requirements for reporting adverse events or incidents. correct answers TRUE Exposure avoidance is the elimination of services that may cause losses. correct answers TRUE Occurrence Reporting method yields the highest percentage of reportable incidents. correct answers FALSE Risk Management and Quality Assurance are 2 concepts that are mutually exclusive. correct answers FALSE Incident or occurrence reports are a method of risk __________: correct answers b. Id...

Integrating RM into how we think is crucial to correct answers maintaining combat power and ensuring efficient mission accomplishment. Proper use of RM will support correct answers the standardization and institutionalization of techniques, tools, and procedures that lead to sound decision making and valid risk acceptance by Army leaders at all levels. Risk management is correct answers the process of identifying, assessing, and controlling risks arising from operational factors and making...

What is the most important step in Risk Management? correct answers Identification of risks Three (3) Types of Risk correct answers Pure Speculative Gambling Pure Risk correct answers Loss only; insurable, everywhere (i.e. injury of the job) Speculative Risk correct answers Loss or gain; business/market risks (i.e. investing school bonds) Gambling Risk correct answers Loss or gain; odds favor loss (i.e. using a bus company without getting their proof of insurance) Ways of Defini...