Cisr risk management exam Study guides, Class notes & Summaries
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CISR - Elements of Risk Management Exam With 100% Correct Answers 2023
- Exam (elaborations) • 9 pages • 2023
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CISR - Elements of Risk Management Exam With 100% Correct Answers 2023
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CISR - Elements of Risk Management Exam Questions and Answers 100% Pass
- Exam (elaborations) • 13 pages • 2024
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CISR - Elements of Risk Management Exam 
Questions and Answers 100% Pass 
A ____ is a cause of loss - Correct Answer ️️ -peril 
A situation, behavior, or condition that may lead to adverse financial consequences - 
Correct Answer ️️ -exposure 
A cyberattack is an example of a ____ - Correct Answer ️️ -peril 
An Insured who shows no regard for his insured property demonstrates a - Correct 
Answer ️️ -morale hazard 
A spill on a supermarket aisle is an example of a ____ because it ...
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CISR - Elements of Risk Management Exam Questions With Verified Answers
- Exam (elaborations) • 8 pages • 2024
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CISR - Elements of Risk Management Exam 
Questions With Verified Answers 
A ____ is a cause of loss - answerperil 
A situation, behavior, or condition that may lead to adverse financial consequences - 
answerexposure 
A cyberattack is an example of a ____ - answerperil 
An Insured who shows no regard for his insured property demonstrates a - answermorale 
hazard 
A spill on a supermarket aisle is an example of a ____ because it increases the likelihood that 
someone will fall - answerhazard 
A p...
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CISR - Elements of Risk Management Exam Questions With Verified Answers
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
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CISR - Elements of Risk Management Exam 
Questions With Verified Answers 
A ____ is a cause of loss - answerperil 
A situation, behavior, or condition that may lead to adverse financial consequences - 
answerexposure 
A cyberattack is an example of a ____ - answerperil 
An Insured who shows no regard for his insured property demonstrates a - answermorale 
hazard 
A spill on a supermarket aisle is an example of a ____ because it increases the likelihood that 
someone will fall - answerhazard 
A p...
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CISR: Agency Operations Exam 100 Questions with Answers100% CORRECT 2023
- Exam (elaborations) • 20 pages • 2023
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CISR: Agency Operations Exam 100 Questions with Answers100% CORRECT 2023 
 
Types of Stakeholders - Answer - managers and employees 
Customers 
insurers 
vendors 
industry associations 
government 
 
Transfer - Answer - Insurance: transfer of financial consequence to an insurance company 
Non Insurance: when a customer transfers financial consequences to another by contract or agreement 
 
Retention - Answer - Active: when a customer knows before the loss that they are responsible for all or pa...
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CISR RISK MANAGEMENT 2024 LATEST UPDATE QUESTIONS AND VERIFIED CORRECT ANSWERS EXAM PRACTICE GRADE A+
- Exam (elaborations) • 15 pages • 2024
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CISR RISK MANAGEMENT 2024 LATEST UPDATE QUESTIONS AND VERIFIED CORRECT ANSWERS EXAM PRACTICE GRADE A+
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CISR - Elements of Risk Management Exam Questions With Verified Answers
- Exam (elaborations) • 8 pages • 2024
- Available in package deal
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- $11.49
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CISR - Elements of Risk Management Exam 
Questions With Verified Answers 
A ____ is a cause of loss - answerperil 
A situation, behavior, or condition that may lead to adverse financial consequences - 
answerexposure 
A cyberattack is an example of a ____ - answerperil 
An Insured who shows no regard for his insured property demonstrates a - answermorale 
hazard 
A spill on a supermarket aisle is an example of a ____ because it increases the likelihood that 
someone will fall - answerhazard 
A p...
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CISR Elements of Risk Management (EORM) Lesson 1 Topics A & B Exam,100% CORRECT
- Exam (elaborations) • 4 pages • 2023
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CISR Elements of Risk Management (EORM) Lesson 1 Topics A & B Exam 
 
Risk control - CORRECT ANSWER An action step of risk management 
Financing - CORRECT ANSWER Obtaining insurance to pay for Wokers Comp losses illustrates a step of the risk management process 
 
Identification - CORRECT ANSWER The step of the risk management process where a risk manager reviews accident reports in order to determine the organizations exposures. 
 
Risk analysis - CORRECT ANSWER Using industry data to determine...
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CISR - Elements of Risk Management CH 1 Exam 56 Questions with Answer,100% CORRECT
- Exam (elaborations) • 5 pages • 2023
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CISR - Elements of Risk Management CH 1 Exam 56 Questions with Answer 
 
Risk - CORRECT ANSWER condition of either positive or negative uncertainty arising from a given set of cirumstances 
 
pure risk - CORRECT ANSWER chance of loss or no loss 
 
speculative risk - CORRECT ANSWER chance of loss, no loss, or gain 
 
loss - CORRECT ANSWER reduction in asset value 
 
exposure - CORRECT ANSWER situation, practice or condition that MAY lead to a loss 
 
peril - CORRECT ANSWER cause of loss 
 
...
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CISR Agency Operations Exam Questions With 100% Correct Answers
- Exam (elaborations) • 4 pages • 2024
- Available in package deal
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CISR Agency Operations Exam Questions 
With 100% Correct Answers 
Which one of the following best describes actual authority? - answerWhen the agency is 
expressly given authority in the agency contract 
Which one of the following statements best describes the standard of care an insurance agency 
owes an insurance company? - answerLoyalty, good faith, reasonable care and contractual 
duties 
Which one of the following is not one of the four benefits of ethical behavior? - answerthical 
behavior...
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