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Risk Engineering MCQ

Improve process efficiency

Increase production yield

Mitigate the risk of an out-of-control process

Measure quality of a process

Answer

Correct Answer: Mitigate the risk of an out-of-control process

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Eliminating potential risks

Active management of risk

Identifying risk factors

Passive management of risk

Answer

Correct Answer: Active management of risk

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Unwanted or undesirable loss due to unexpected results

Risk associated with investment assets

Risk associated with changes in market conditions

Risk associated with credit exposure

Answer

Correct Answer: Unwanted or undesirable loss due to unexpected results

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Having no return from an investment

Financial or investment opportunity of a worse return

Potential losses from an investment

The financial or investment opportunity of a better return than otherwise available

Answer

Correct Answer: The financial or investment opportunity of a better return than otherwise available

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The ability to survive difficult situations

The probability of an uncertain outcome

The ability to take calculated risks

The effect of uncertainty on expected results or objectives.

Answer

Correct Answer: The effect of uncertainty on expected results or objectives.

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Corrosion Engineering MCQs | Topic-wise

MCQ on Aerospace Materials Science	MCQ on Applications of Fracture Mechanics to Aerospace Structures
MCQ on Basic Corrosion Engineering	MCQ on Biological Responses to Medical Devices
MCQ on Chemical Engineering Materials	MCQ on Corrosion Prevention and Control Methods
MCQ on Corrosion and Electrochemistry Lab	MCQ on Industrial Chemistry
MCQ on Materials Electrochemistry and Corrosion	MCQ on Materials Engineering for Civil Engineers
MCQ on Materials Science for Nuclear Energy Applications	MCQ on Nuclear Materials Engineering
MCQ on Polymer Chemistry	MCQ on Risk Engineering
General Corrosion Engineering MCQs