Which of the Following Is Required to Adequately Quantify Risk

question 49

Multiple Choice

Which of the following is required to adequately quantify risk using a risk assessment? 1 Comparison groups must be formed to compare hazards.
2 Deaths caused by a hazard.
3 An environmental relationship to the risk must be established.
4 The long term impacts of hazard must be studied.

• A)1 only
• B)2 only
• C)3 only
• D)4 only
• E)1 and 4

---

Definitions:

Caveat Emptor

A Latin phrase meaning "let the buyer beware," implying that the buyer is responsible for checking the quality and suitability of goods before a purchase is made.

Approach-Avoidance

A psychological conflict that occurs when a situation or objective has both desirable and undesirable aspects that make it simultaneously appealing and repelling.

Utilitarian

Describes products, services, or actions that are practical and functional rather than decorative or ornamental.

Hedonic

Relating to or considered in terms of pleasant (or unpleasant) sensations; often used in the context of hedonic consumption which refers to the utility derived from pleasure.