Final Assessment

Instructions: Please read each question carefully. Select an answer for each question, then click the submit button.

1.	What is workplace risk?
	A.	Gambling on a favorable outcome
	B.	Any event that could prevent you from doing your job successfully
	C.	An act taken without regard to loss or injury
	D.	A hazardous or dangerous situation



2.	What is a risk in this scenario? Daniel enters a new client ID number into the computer system.
	A.	There is no risk in this scenario.
	B.	The ID is typed incorrectly.
	C.	The ID is typed twice (double entry) to ensure accuracy.
	D.	The ID is typed correctly.



3.	How does a manager establish the "Tone at the Top?" Select all that apply.
	A.	Lead by example.
	B.	Communicate and promote ethics and values.
	C.	Encourage reporting of inconsistencies.
	D.	Reward integrity.


4.	What is an internal control? Check all that apply:
	A.	A measurement of how risky something is
	B.	A monitoring system
	C.	A complex security surveillance system
	D.	A method that helps people do the right things and accomplish their objectives

5.	Is the following control preventive or detective? A flag man on the side of the road controlling the speed of traffic.
	A.	Preventive
	B.	Detective

6.	Nadine developed a much-needed Access database which proved to be critical to the daily operations of her program area. Nadine maintains and supports the program, as she is the only one with the expertise and familarity with Access. Where is the Risk Assessment Quadrant would you rank the risks presented?
	A.	Area I - Least Concern
	B.	Area II - Minimal Concern
	C.	Area III - Moderate Concern
	D.	Area IV - Most Concern

7.	Out of the following list of risks or controls, which of the items are controls? Select all that apply:
	A.	Accounting error
	B.	Computer system back-up
	C.	Loss of data
	D.	Reconciliation (audit) of accounting entries
	E.	Resume verification

8.	Who is responsible for internal controls in your department? Please select the best choice.
	A.	The Internal Control Office
	B.	Everyone
	C.	The Office of the State Comptroller (OSC)
	D.	The Internal Audit function

9.	One reason for policies and procedures is to help you comply with laws.
	A.	True
	B.	False

10.	When faced with a business risk you have two basic choices, to accept the risk or control the risk. Which of following are examples of accepting the risk? Select all that apply.
	A.	Declining the $9.95 video replacement coverage for the video you just purchased on sale for $5.99.
	B.	Installing motion sensor floodlights outside your home.
	C.	Chance of rain is 20%, so you do not bring an umbrella.
	D.	Requiring two manager signatures for all purchases over $1,000.
	E.	Not having a $389.95 replacement LCD Projector light bulb (lamp) on hand for a projector that is used frequently.