CPHRM Review Exam
Questions & Answers
What is the ultimate goal of Enterprise Risk Management? - ANSWERSOptimize risk financing
and mitigation strategies
True/False: ERM's goal is to develop highly-specialized functional silos to manage specific risks -
ANSWERSFalse
For a risk management program to be effective, it needs: - ANSWERS1. Organizational
Commitment
2. Visibility and access
3. Physician acceptance or understanding
True/False: Complete authority is not a necessary element of a risk management program. -
ANSWERSTrue
The risk management professional must work closely with the media for which of the following
responses:
1. protect a celebrity's identity
2. protect divulging the truth
3. protect the confidentiality of a situation
4. protect the identify of a patient in protective custody - ANSWERS1, 3, and 4 only
To have a successful quality improvement process, a risk mgmt. program must have which of
the following?
1. Autocratic management style
Questions & Answers
What is the ultimate goal of Enterprise Risk Management? - ANSWERSOptimize risk financing
and mitigation strategies
True/False: ERM's goal is to develop highly-specialized functional silos to manage specific risks -
ANSWERSFalse
For a risk management program to be effective, it needs: - ANSWERS1. Organizational
Commitment
2. Visibility and access
3. Physician acceptance or understanding
True/False: Complete authority is not a necessary element of a risk management program. -
ANSWERSTrue
The risk management professional must work closely with the media for which of the following
responses:
1. protect a celebrity's identity
2. protect divulging the truth
3. protect the confidentiality of a situation
4. protect the identify of a patient in protective custody - ANSWERS1, 3, and 4 only
To have a successful quality improvement process, a risk mgmt. program must have which of
the following?
1. Autocratic management style
