LPC EXAM | QUESTIONS AND ANSWERS | VERIFIED ANSWERS
GRADED A+ | LATEST EXAM UPDATE
The Injury and Illness Incident Report Form
This document is one of the first forms that
must be completed in the event of a work-related injury or illness. It is
intended to help develop a picture of the incident, and the extent and
severity of the work-related event.
Substantiation
In this section of the statement the suspect is asked to corroborate his or
her admission with the details of the crime or incident.
Product Diversion
The act of redirecting, repackaging, selling,
or moving products, goods, or services through
unauthorized channels in order to fraudulently make profits is known as:
Quantitative Indicators
When using indicators to measure performance,
if we were looking for those that can be
measured in terms of numbers, we would be looking for what type of
performance indicators?
A Shipment Audit
The process of auditing part or all of a
shipment load after it has been placed on the truck for delivery, and may
include anything from simple carton counts to detailed piece-count
verifications based on the type, value, and risk associated with the
merchandise is known as;
Denial of Service Attack
This type of network threat does not involve
breaking into a system, but rather floods a network with an overwhelming
amount of traffic, causing target systems and networks to behave
unpredictably and depriving some or all network connectivity or services.
,Reestablishment Phase
During this phase of our business recovery efforts following a crisis event,
original business operations are restored. Operations are transferred back
to the original facility once deemed free from crisis aftereffects, and earlier
phase activities are subsequently terminated.
Additionally, this phase may involve rebuilding or relocating facilities if
necessary; and as a result may last anywhere from a few days to several
months or longer depending on the severity of the crisis and the site's
fitness for restoration:
Card Skimmers
Devices used to fraudulently read and
record a card owner's account information
from the magnetic strip found on the back
of a credit or debit card are known as:
An Organizational Chart
A graphic representation of the Loss Prevention
organization that clearly defines roles at each level of the department,
shows position titles and areas of responsibility, and career paths available
as our team members progress is known as:
Mediation
A private, confidential process in which an
impartial person helps disputing parties identify
and clarify issues of concern and reach their own agreement is known as:
Compliance Audit
If our purpose was to review our adherence
to established laws, rules, regulations, policies
and procedures, what type of audit would we be looking to conduct?
Data Stream
The information that is continuously flowing back and forth between the
stores and the corporate offices, typically through the POS terminals is
known as:
Inventory Reconciliation
,The process of matching and comparing figures
found in the company's accounting records with the actual counts and
other details verified by the physical inventory process is known as:
Leadership Skills
These skills stoke imagination, confidence, pride, and the will to win. They
guide our ability
to motivate, influence, persuade and inspire.
Yard
An enclosed/fenced area surrounding or adjacent to the distribution center
that holds trailers, cartons, tractors, trucks, heavy equipment, pallets and
other materials that are vital for the operation of the facility is commonly
referred to as the:
Doctor Shopping
In order to obtain large quantities of prescription drugs for illegal use, a
perpetrator visits several different doctors complaining of a wide array of
symptoms in order to convince the doctors to write prescriptions. The
perpetrator then sells the drugs obtained for illicit purposes.
This practice is commonly known as:
Arbitration
While similar to going to court, this process involves an impartial person
that listens to both parties in a dispute, and then decides how the
controversy should be resolved. There is no judge or jury:
When trucks are being loaded and unloaded
When is merchandise within the Distribution Center typically at its greatest
risk for theft?
Operational Risks
These risks involve uncertainty arising from daily business activities. Such
changes could lead to poor customer service, higher inventory shortages,
and other factors effecting company performance:
To suppress the fire and allow people to escape safely
What is the primary purpose of any fire system?
"Staged" Trailers
, Trailers that are filled with merchandise, either
waiting to be unloaded into the Distribution Center or awaiting pickup for
product delivery to the stores are known as:
Schedule IV Controlled Substances
These drugs have a currently accepted medical use in the United States and
have a low potential for abuse relative to drugs classified in more restricted
Schedules. Abuse of the drug may lead to limited physical or psychological
dependence. Examples include Xanax and Valium:
Operational Cost
When building our budgets, the direct costs associated with performing our
specific job responsibilities are known as:
Policies
Typically broader in nature, these tend to address the principles of a
specific topic to influence and determine decisions:
The U.S. Federal Sentencing Guidelines
The legislation that outlined issues for the judicial system to consider when
determining the appropriate punishments for corporations convicted of
federal
crimes in the United States is known as:
Material Inside information
Information that is not available to the general public but could influence a
reasonable investor to buy, sell or hold stock or securities is known as:
Business Acumen
A concept that pertains to our knowledge and capacity for making sound,
profitable business decisions is known as:
Rules
These identify a directive that must be followed exactly, detailing something
to be done. They tend to be mandatory and allow little or no variation from
their intended direction:
Drop Shipping
A type of retailing by which the retail company does not keep goods in
stock but instead passes the customer's order and shipment details to the
GRADED A+ | LATEST EXAM UPDATE
The Injury and Illness Incident Report Form
This document is one of the first forms that
must be completed in the event of a work-related injury or illness. It is
intended to help develop a picture of the incident, and the extent and
severity of the work-related event.
Substantiation
In this section of the statement the suspect is asked to corroborate his or
her admission with the details of the crime or incident.
Product Diversion
The act of redirecting, repackaging, selling,
or moving products, goods, or services through
unauthorized channels in order to fraudulently make profits is known as:
Quantitative Indicators
When using indicators to measure performance,
if we were looking for those that can be
measured in terms of numbers, we would be looking for what type of
performance indicators?
A Shipment Audit
The process of auditing part or all of a
shipment load after it has been placed on the truck for delivery, and may
include anything from simple carton counts to detailed piece-count
verifications based on the type, value, and risk associated with the
merchandise is known as;
Denial of Service Attack
This type of network threat does not involve
breaking into a system, but rather floods a network with an overwhelming
amount of traffic, causing target systems and networks to behave
unpredictably and depriving some or all network connectivity or services.
,Reestablishment Phase
During this phase of our business recovery efforts following a crisis event,
original business operations are restored. Operations are transferred back
to the original facility once deemed free from crisis aftereffects, and earlier
phase activities are subsequently terminated.
Additionally, this phase may involve rebuilding or relocating facilities if
necessary; and as a result may last anywhere from a few days to several
months or longer depending on the severity of the crisis and the site's
fitness for restoration:
Card Skimmers
Devices used to fraudulently read and
record a card owner's account information
from the magnetic strip found on the back
of a credit or debit card are known as:
An Organizational Chart
A graphic representation of the Loss Prevention
organization that clearly defines roles at each level of the department,
shows position titles and areas of responsibility, and career paths available
as our team members progress is known as:
Mediation
A private, confidential process in which an
impartial person helps disputing parties identify
and clarify issues of concern and reach their own agreement is known as:
Compliance Audit
If our purpose was to review our adherence
to established laws, rules, regulations, policies
and procedures, what type of audit would we be looking to conduct?
Data Stream
The information that is continuously flowing back and forth between the
stores and the corporate offices, typically through the POS terminals is
known as:
Inventory Reconciliation
,The process of matching and comparing figures
found in the company's accounting records with the actual counts and
other details verified by the physical inventory process is known as:
Leadership Skills
These skills stoke imagination, confidence, pride, and the will to win. They
guide our ability
to motivate, influence, persuade and inspire.
Yard
An enclosed/fenced area surrounding or adjacent to the distribution center
that holds trailers, cartons, tractors, trucks, heavy equipment, pallets and
other materials that are vital for the operation of the facility is commonly
referred to as the:
Doctor Shopping
In order to obtain large quantities of prescription drugs for illegal use, a
perpetrator visits several different doctors complaining of a wide array of
symptoms in order to convince the doctors to write prescriptions. The
perpetrator then sells the drugs obtained for illicit purposes.
This practice is commonly known as:
Arbitration
While similar to going to court, this process involves an impartial person
that listens to both parties in a dispute, and then decides how the
controversy should be resolved. There is no judge or jury:
When trucks are being loaded and unloaded
When is merchandise within the Distribution Center typically at its greatest
risk for theft?
Operational Risks
These risks involve uncertainty arising from daily business activities. Such
changes could lead to poor customer service, higher inventory shortages,
and other factors effecting company performance:
To suppress the fire and allow people to escape safely
What is the primary purpose of any fire system?
"Staged" Trailers
, Trailers that are filled with merchandise, either
waiting to be unloaded into the Distribution Center or awaiting pickup for
product delivery to the stores are known as:
Schedule IV Controlled Substances
These drugs have a currently accepted medical use in the United States and
have a low potential for abuse relative to drugs classified in more restricted
Schedules. Abuse of the drug may lead to limited physical or psychological
dependence. Examples include Xanax and Valium:
Operational Cost
When building our budgets, the direct costs associated with performing our
specific job responsibilities are known as:
Policies
Typically broader in nature, these tend to address the principles of a
specific topic to influence and determine decisions:
The U.S. Federal Sentencing Guidelines
The legislation that outlined issues for the judicial system to consider when
determining the appropriate punishments for corporations convicted of
federal
crimes in the United States is known as:
Material Inside information
Information that is not available to the general public but could influence a
reasonable investor to buy, sell or hold stock or securities is known as:
Business Acumen
A concept that pertains to our knowledge and capacity for making sound,
profitable business decisions is known as:
Rules
These identify a directive that must be followed exactly, detailing something
to be done. They tend to be mandatory and allow little or no variation from
their intended direction:
Drop Shipping
A type of retailing by which the retail company does not keep goods in
stock but instead passes the customer's order and shipment details to the
