Risk is the potential loss associated with a hazard after


1. After establishing the planning area, what should your planning team do next?

A. Prepare for the cost-benefit review.

B. Conduct the risk assessment.

C. Assess community support.

D. Prepare the mitigation strategy

2. When deciding on mitigation actions, it may be helpful to categorize actions according to groups, such as prevention, or property protection. Select ONE other category into which you could group mitigation actions.

A. Natural resource protection

B. National resource protection

C. No action

D. Social services protection

3. Is the following statement TRUE or FALSE? The FEMA regional office is responsible for approving mitigation plans

A. True

B. False

4. Is the following statement TRUE or FALSE?

High-priority assets, including critical facilities, should always be included in the plan as part of your inventory.

A. True

B. False

5. Is the following statement TRUE or FALSE?

Risk is the potential loss associated with a hazard.

A. True

B. False

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Operation Management: Risk is the potential loss associated with a hazard after
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