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Army Risk Management Basic Course questions with correct answers
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What factors can cause controls that are established and implemented for a prolonged period to lose their effectiveness? - Answer Overconfidence or complacency What are controls designed to do? - Answer Reduce or eliminate risk What do the terms " frequent, likely, occasional, seldom, and unlikely" describe in the risk assessment matrix? - Answer Level of probability of an adverse event occurring What step in the risk management process is focused on determining the probability and severity of a hazard occurring? - Answer Assess hazards Which of the following is not a RM principal? - Answer
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