A.R.M. 400 Bundled Exams Practice 2023/2024 with 100% correct answers

Which one of the following statements regarding the structure and role of a board of directors is true? Select one: A. The board of directors must be comprised of ten directors, with an equal number of inside and outside directors. B. The board is responsible for the day-to-day decisions at a cor...

According to the law of large numbers, as the number of exposure units insured increases, correct answersThe relative accuracy of predictions about future losses increases The fundamental purpose of a risk management framework is to correct answersIntegrate risk management throughout the organiza...

Encouraging the expression of feelings as well as facts and following up with employees on the problems they report are two ways that managers and supervisors can A. Cultivate two-way communication. B. Facilitate active listening. C. Support diverse groups. D. Maintain control of the conversatio...

Sets of data that are too large to be gathered and analyzed by traditional methods correct answersBig Data An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved co...

General Liability Insurance correct answersCovers the insured's legal defense costs when defending against a claim of liability. Commercial package policies typically include these kind of coverages correct answersbusiness property, liability, and business income Morale Hazard correct answers...

Risks from accidental loss, including the possibility of loss or no loss defines Hazard risk The traditional definition of risk management reflects the traditional concept of risk as Negative Which one of the following statements is true regarding the evolution of risk and risk manag...

Theory X managers believe: a. the creativity of all team members should be used to solve work problems. b. people are potentially self-directing. c. team feels responsible for achieving organizational goals. d. employees inherently dislike work and prefer to be directed. correct answersd. em...

A risk map showing a large difference between inherent and residual risk indicates which one of the following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated ...

Telematics devices allow organizations to accurately identify patterns of risk and predict risk for which one of the following types of loss exposures? A. Automobile B. Property C. Workers compensation D. Business income correct answersA Which one of the following is a major benefit that smar...

. Which of the following are assumptions of survey research *Respondents are willing to give the required information to researchers *Respondents have the information the researcher requires . A group of students take an Advanced Research Methods test just before the end of semester and one...

Big Data correct answersSet of data that are too large to be gathered and analysed by traditional data. Strategic Redeployment Plan correct answersa comprehensive plan for resiliency after a severe disruption Business Impact Analysis (BIA) correct answersassesses identified risks and determine...

SRP stages -emergency stage -alternative marketing stage -contingency production stage -communication stage strategic redeployment plan determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when BCPs fail BCP elements...

Where do the clavicles articulate with the scapulae? correct answersAcromioclavicular joint What is the name of the shallow socket of the shoulder joint? What does it mean? correct answersGlenoid cavity Means the joint is very flexible but not very stable What end of the clavicle articulates...

Malware is defined as correct answersSoftware designed to cause damage. Donna's Dog Treats has been very successful in the Boston area and would like to expand to new cities. Donna knows that she cannot make this decision based on customer advice and blind faith. She has collected internal finan...