CSP Exam Review Questions and answers, graded A+/ verified.| latest update 2024/25|

CSP Exam Review Questions and answers, graded A+/ verified. Safety - -The state of being relatively free from harm, danger, injury, or damage Risk - -A measure of both the likelihood(probability) and consequences(severity) of all hazards of an activity or action What are two aspects of Risk? - -The measure of probability and severity The five steps of the risk management process? - -1. Risk Identification 2. Risk analysis 3. Risk elimination or reduction 4. Financing risk 5. Administering the risk management process Calculate Risk Cost - -Probability X Cost Residual Risk - -The risk that remains after preventive measures have been taken. Does-Response Relationship - -Probability of getting a disease increases with the dose Threshold Risk Models - -"The dose makes the poison" There is a safe level of exposure No Threshold Risk Model - -Used in ionizing radiation There is no safe level Calculate OSHA Total Incident Rate - -(Total recordable injuries * 200,000) / Total Hours Calculate OSHA DART Rate - -(# DART Cases X 200,000) / Total Hours Calculate OSHA Severity Rate - -(# Lost Workdays X 200,000) / Total Hours Sections of an Insurance Contract - -1. Declarations: What is insured 2. Conditions: What must be fulfilled 3. Exclusions: What is not included Warranty - -Performance regarding implied or explicit claims Negligence - -Conduct or behavior of a person or corporation (reasonable person) Strict Liability - -Unreasonable dangerous characteristics 90% of all claims Negligence does not matter Two Types of Warranty - -Implied: (breach of contract), fit for an ordinary purpose Express: Claims ab out performance or sales (advertising or sales) Parts of a Trial - -1. Complaint - The lawsuit is filed 2. Discovery - Gather evidence 3. Trial - or settlement 4 Parts of a Legal Contract - -1. Agreement 2. Purpose 3. Consideration 4. Competent Parties Safety Charter - -Safety is a staff function, but a line responsibility 4 Functions of Management - -1. Plannin