UNIT 2 Flashcards

(14 cards)

1
Q

Which of the following is NOT one of the 7 principles of the code of ethics?
a) Balancing interests
b) Transparency in financial reporting
c) Conflict of interest
d) Professional growth and support

A

B

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2
Q

After identifying and assessing risks, what is the next step in risk management?
a) Monitor the results
b) Implement strategies and communicate
c) Develop strategies to address the risks
d) Ignore minor risks

A

C

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3
Q

Which step involves reviewing the effectiveness of risk management actions over time?
a) Assess the risk
b) Identify the risk
c) Monitor the results
d) Develop strategies

A

C

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4
Q

What does RACI stand for in a responsibility matrix?
a) Relevant, Accessible, Controlled, Inspected
b) Responsible, Accountable, Consulted, Informed
c) Reported, Assessed, Checked, Implemented
d) Reviewed, Approved, Controlled, Included

A

B

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5
Q

In the RACI matrix, what does the letter “R” stand for?
a) Reviewed
b) Responsible
c) Reported
d) Relevant

A

B

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6
Q

In the RACI matrix, what does the letter “A” stand for?
a) Accountable
b) Assigned
c) Approved
d) Analyzed

A

A

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7
Q

In the RACI matrix, what does the letter “C” stand for?
a) Controlled
b) Consulted
c) Completed
d) Coordinated

A

B

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8
Q

In the RACI matrix, what does the letter “I” stand for?
a) Informed
b) Initiated
c) Inspected
d) Included

A

A

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9
Q

What is the foundational law that governs the ability of people to participate in all aspects of society, including employment, in Canada?
a) Employment Standards Act
b) Canadian Human Rights Act
c) Charter of Rights and Freedoms
d) Occupational Health and Safety Act

A

C

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10
Q

Which law protects fundamental rights and freedoms of Canadians, including equality in employment?
a) Privacy Act
b) Charter of Rights and Freedoms
c) Labour Relations Act
d) Employment Equity Act

A

B

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11
Q

What does the Employment Standards Act primarily regulate?
a) Workplace health and safety protocols
b) Minimum wages, working hours, and employee breaks
c) Protection from discrimination in the workplace
d) Fundamental rights and freedoms

A

b

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12
Q

Canadian Human Rights Act
The Canadian Human Rights Act is designed to:
a) Set minimum employment standards like overtime pay
b) Protect employees from workplace discrimination based on race, gender, or disability
c) Regulate workplace safety standards
d) Guarantee the right to free speech

A

b

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13
Q

The Charter of Rights and Freedoms guarantees:
a) Minimum employment standards such as vacation time
b) Workplace safety regulations
c) Fundamental rights and freedoms for all Canadians, including equality rights
d) Procedures for collective bargaining

A

c

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14
Q

What is the primary objective of the Occupational Health and Safety Act?
a) To establish and enforce standards that protect workers from hazards and ensure a safe working environment
b) To regulate compensation packages and employee benefits across industries
c) To oversee fair hiring practices and eliminate workplace discrimination
d) To protect personal employee data and privacy within organizations

A

A

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