ARM 401 UPDATED ACTUAL EXAM
QUESTIONS AND CORRECT ANSWERS
●● Sensor
Answer: A device that responds to a physical stimulus (as heat, light,
sound, pressure, magnetism, or a particular motion) and transmits a
resulting impulse (as for measurement or operating a control).
●● Radio frequency identification (RFID)
Answer: uses electronic tags and labels to identify objects wirelessly
over short distances
●● Artificial intelligence (AI)
Answer: Simulates human intelligence such as the ability to reason and
learn
●● Computer vision
Answer: a technology that simulates human vision.
●● Risk register
Answer: A document in which the results of risk analysis and risk
response planning are recorded.
,●● Risk map
Answer: a grid detailing the potential frequency and severity of risks
faced by the organization
●● Risk appetite
Answer: The degree of uncertainty an entity is willing to take on, in
anticipation of a reward.
●● Inherent risk
Answer: susceptibility to significant control problems in the absence of
internal control
●● Residual risk
Answer: the risk that remains after management implements internal
controls or some other response to risk
●● Optimum risk
Answer: The level of risk that is within an organization's risk appetite
●● Risk control
Answer: A conscious act or decision not to act that reduces the
frequency and/or severity of losses or makes losses more predictable.
, ●● Energy transfer theory
Answer: An approach to accident causation that views accidents as
energy that is released and that affects objects, including living things, in
amounts or at rates that the objects cannot tolerate.
●● Technique of operations review (TOR)
Answer: An approach to accident causation that views the cause of
accidents to be a result of management's shortcomings.
●● Change analysis
Answer: An analysis that projects the effects a given system change is
likely to have on an existing system.
●● Job safety analysis (JSA)
Answer: An analysis that dissects a repetitive task, whether performed
by a person or machine, to determine potential hazards if each action is
not performed.
●● System safety
Answer: A safety engineering technique also used as an approach to
accident causation that considers the mutual effects of the interrelated
elements of a system on one another throughout the system's life cycle.
●● Conceptual phase
QUESTIONS AND CORRECT ANSWERS
●● Sensor
Answer: A device that responds to a physical stimulus (as heat, light,
sound, pressure, magnetism, or a particular motion) and transmits a
resulting impulse (as for measurement or operating a control).
●● Radio frequency identification (RFID)
Answer: uses electronic tags and labels to identify objects wirelessly
over short distances
●● Artificial intelligence (AI)
Answer: Simulates human intelligence such as the ability to reason and
learn
●● Computer vision
Answer: a technology that simulates human vision.
●● Risk register
Answer: A document in which the results of risk analysis and risk
response planning are recorded.
,●● Risk map
Answer: a grid detailing the potential frequency and severity of risks
faced by the organization
●● Risk appetite
Answer: The degree of uncertainty an entity is willing to take on, in
anticipation of a reward.
●● Inherent risk
Answer: susceptibility to significant control problems in the absence of
internal control
●● Residual risk
Answer: the risk that remains after management implements internal
controls or some other response to risk
●● Optimum risk
Answer: The level of risk that is within an organization's risk appetite
●● Risk control
Answer: A conscious act or decision not to act that reduces the
frequency and/or severity of losses or makes losses more predictable.
, ●● Energy transfer theory
Answer: An approach to accident causation that views accidents as
energy that is released and that affects objects, including living things, in
amounts or at rates that the objects cannot tolerate.
●● Technique of operations review (TOR)
Answer: An approach to accident causation that views the cause of
accidents to be a result of management's shortcomings.
●● Change analysis
Answer: An analysis that projects the effects a given system change is
likely to have on an existing system.
●● Job safety analysis (JSA)
Answer: An analysis that dissects a repetitive task, whether performed
by a person or machine, to determine potential hazards if each action is
not performed.
●● System safety
Answer: A safety engineering technique also used as an approach to
accident causation that considers the mutual effects of the interrelated
elements of a system on one another throughout the system's life cycle.
●● Conceptual phase
