Enterprise risk mgmt Study guides, Class notes & Summaries

Nursing Informatics Certification Exam, ANCC Informatics, ANCC Nursing Informatics Certification Review 629 Questions with Answers Meta structure of NI - CORRECT ANSWER The ability of the nurse to utilize data, information, and knowledge to make wise clinical decisions. Definition of Nursing Informatics - CORRECT ANSWER A speciality that integrates nursing science with multiple information and analytical sciences to identify, define, manage and communicate data, information, knowledge and ...

Personal Financial Planning Pyramid - Answer-bottom to top: 1.Risk mgmt protection (life/health insurance), 2.Wealth accumulation (savings & accumulation, growth & diversification, speculation investments) 3. Wealth distribution Traditional Risk Management Process (TRM) of an Organization - Answer-1. Identify Risk 2. Evaluate Risk 3. Select a Risk Management Technique to treat each risk 4. Implement and Review Risk Management (RM) Techniques to treat risk - Answer-Risk avoidance Loss Con...

Personal Financial Planning Pyramid - bottom to top: 1.Risk mgmt protection (life/health insurance), 2.Wealth accumulation (savings & accumulation, growth & diversification, speculation investments) 3. Wealth distribution Traditional Risk Management Process (TRM) of an Organization - 1. Identify Risk 2. Evaluate Risk 3. Select a Risk Management Technique to treat each risk 4. Implement and Review Risk Management (RM) Techniques to treat risk - Risk avoidance Loss Control Risk Retension ...

Risk - Answer- the uncertainty about outcomes, with the possibility that some of the outcomes can be negative. Quantified by knowing the probability of the possible outcomes Probability - Answer- the likelihood that an outcome or event will occur. Probabilities are stated as a decimal figure, a percentage, or a fraction. What are the 2 elements associated with risk? - Answer- uncertainty of outcome + possibility of negative outcome Pure Risk - Answer- a chance of loss or no loss, but no...

Three Broad Government Spending Purposes 1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integrity Act o...

_________ enables attackers to inject client-side script into web pages viewed by other users - Cross-site scripting (XSS) 3 Steps of Top Down Risk Mgmt. Approach - 1. Risk oversight begins w/ Board 2. Corp. Mgmt. is responsible for operating risk program in line w/ strategy. Set by Board and subject to its oversight. 3. Shareholders have responsibility to assess and monitor effectiveness of Board in overseeing risk. Investors themselves are NOT responsible for risk oversight. A _________...

Three Broad Government Spending Purposes - ANSWER-1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - ANSWER-Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - ANSWER-Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integrity...

Three Broad Government Spending Purposes - ️️1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - ️️Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - ️️Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integr...

Three Broad Government Spending Purposes - ANSWER-1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - ANSWER-Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - ANSWER-Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Integrity...

CGFM TEST 3 QUESTIONS AND ANSWERS GRADED A Three Broad Government Spending Purposes 1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial...