1. What should an employer do if the retention requirements for the same record differ among multiple laws?
A) Make a judgment about maximum retention based on the most important law. B) Retain the information for the longest period of time required. C) Keep the records for the shortest time required unless they involve a federal contractor. D) Keep duplicates of the record in multiple files according to the different requirements
2. Identify and Analyze Risk In a risk analysis workshop, the HR group at a credit card company decides that, given the current process, there is little chance that someone who posed a threat through theft would be able to pass through the hiring process undetected. How should this risk be plotted on a risk matrix?
A) High impact, high probability B) Low impact, low probability C) High impact, low probability D) Low impact, high probability
3. A nonprofit wants to partner with community-based organizations to distribute emergency aid quickly. Which source of risk is most likely for this enterprise?
A) Donor perceptions of the enterprise B) Reliability and integrity of partners C) Increased costs to the organization D) Adequate supplies for operations
4. What is the first step for a global HR director to take when managing compliance risk associated with a new data privacy law being implemented in one of the countries in which the firm operates?
A) Delegate compliance to local HR staff. B) Adopt the new law as policy if it is more restrictive than the home-country policy. C) Evaluate new requirements relative to existing policies and procedures. D) Act only if the new law is extraterritorial in its jurisdiction.
5. What is the primary benefit of using a risk register?
A) It fulfills compliance responsibilities. B) It creates transparency and accountability. C) It shows early warning signs of risk emergence. D) It quantifies risk exposure in risk management efforts.
1. Right Answer: B Explanation: You can write comment
2. Right Answer: C Explanation: You can write comment
3. Right Answer: B Explanation: You can write comment
4. Right Answer: C Explanation: You can write comment
5. Right Answer: B Explanation: You can write comment
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