Emergency Response & Safety Management Flashcards
7 cards from real CPC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Emergency Response & Safety Management flashcards as text
A mass casualty incident occurs at a company facility. Under OSHA's fatality reporting rule, within what timeframe must a work-related fatality be reported?
Answer: 8 hours
OSHA requires employers to report any work-related fatality to OSHA within 8 hours of learning of the incident.
Which of the following is an example of a 'second-order' financial impact from an operational emergency, as opposed to a direct cost?
Answer: Reputational damage leading to customer attrition
Reputational damage and resulting customer attrition are second-order (indirect) effects that emerge after the primary event and are harder to quantify.
A controller is asked to create an emergency reserve fund policy. Which factor is MOST important in determining the appropriate reserve level?
Answer: Historical frequency and severity of past disruptions combined with current risk exposure
Reserve levels should be calibrated to the company's specific risk profile, using historical data and forward-looking risk assessment.
During an active shooter event in the workplace, employees are typically trained to follow which prioritized response protocol?
Answer: Run, Hide, Fight
The Run, Hide, Fight protocol is the standard guidance from FEMA and DHS for responding to an active threat in the workplace.
Which financial statement is most directly impacted by unplanned emergency response costs in the short term?
Answer: The income statement — through increased operating expenses
Emergency response costs are typically expensed as incurred, directly reducing operating income on the income statement.
A controller is establishing a crisis communication protocol for financial stakeholders. Which audience should receive the MOST frequent updates during a financial emergency?
Answer: Lenders, major creditors, and the board of directors
Lenders, major creditors, and the board have the most direct financial stake and covenant-related information needs during a crisis.
Which approach is considered best practice when testing a disaster recovery plan for financial systems?
Answer: Conduct a full failover test to the backup environment under realistic conditions
A full failover test under realistic conditions is the only way to validate that recovery procedures actually work as documented.