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Exam (elaborations)

RISK MANAGEMENT STUDY QUESTIONS WITH CORRECT ANSWERS

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  • Module
  • Risk management
  • Institution
  • Risk Management

RISK MANAGEMENT STUDY QUESTIONS WITH CORRECT ANSWERS The policy that governs expectations regarding behavior is the? - CORRECT ANSWER-Personal Conduct Policy An effective risk management policy has three components, they are? - CORRECT ANSWER-Personal responsibility, education, and prev...

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  • August 9, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Risk management
  • Risk management
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RISK MANAGEMENT STUDY
QUESTIONS WITH CORRECT
ANSWERS




The policy that governs expectations regarding behavior is the?
- CORRECT ANSWER-Personal Conduct Policy

An effective risk management policy has three components,
they are? - CORRECT ANSWER-Personal responsibility,
education, and prevention

The guidelines regarding the use of communication tools are
contained in the? - CORRECT ANSWER-Electronic Media
Usage Policy

Who is responsible for implementing risk management
protocol? - CORRECT ANSWER-Brothers

What are the elements of a variable risk management policy? -
CORRECT ANSWER-Checks and Balances

Regional risk management officers are not responsible for? -
CORRECT ANSWER-Appointing district and local risk
management officers

In the event of an incident, the following should be notified
within 24 hours by the chapter responsible for the event -

, CORRECT ANSWER-Regional risk management officer, HQ
Staff, District Director

Brothers who are not in good standing have access to? -
CORRECT ANSWER-Final sanctions which have been
imposed and ratified

The _____ reiterates the prospective member's responsibility to
hold the organization accountable for its actions as a part of the
IMDP process - CORRECT ANSWER-Candidates Bill of Rights

Negative publicity caused by misrepresentation of the fraternity
values, ideals, and aims can result in an _____ on the fraternity
insurance premium? - CORRECT ANSWER-Adverse impact

Under what strict circumstance should people below the legal
drink age be allowed to drink alcohol at our events? -
CORRECT ANSWER-People below the legal drinking age
should never be allowed to have alcohol at our events.

The following is true regarding alcohol, illegal drugs, and
controlled substances? - CORRECT ANSWER-No person may
possess, use, provide, distribute, sell an illegal drug while on
chapter premises or while at any events sponsored by the
organization. The chapter members and guests must comply
with all state, federal, local, and provincial laws

If alcohol is served at an event, how must it be provided? -
CORRECT ANSWER-Alcoholic beverages must be provided
and or sold on a per drink basis by a license and insured 3rd
party vendor.

Alcoholic beverages must be purchased in the following ways -
CORRECT ANSWER-With chapter organizational funds, by
pooling from funds with the brothers, by collecting funds from
guests.

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