Question

The types of risks that should be identified include:

A) Damage to property caused by carelessness, fire, natural causes, or faulty equipment.
B) Loss of property caused by dishonest acts of employers or residents.
C) Loss of income or increased costs due to malfunction or natural disaster damaging a revenue-producing facility like a water or sewer system.
D) Liability losses caused by injuries to employees or the public and damage to third-party property.
E) Excessive employee health risks due to alcoholism, obesity, smoking.
F) All

Answer 1

The types of risks that should be identified include damage to property, loss of property, loss of income, liability losses, and excessive employee health risks.

Step-by-step explanation:

The types of risks that should be identified include:

1. Damage to property caused by carelessness, fire, natural causes, or faulty equipment. For example, a fire breaking out due to faulty electrical wiring in a building can cause significant damage to the property.
2. Loss of property caused by dishonest acts of employers or residents. This could include theft, embezzlement, or unauthorized use of company property.
3. Loss of income or increased costs due to malfunction or natural disaster damaging a revenue-producing facility. For instance, a water or sewer system that is damaged by a natural disaster can disrupt the revenue stream and result in financial loss for the organization.
4. Liability losses caused by injuries to employees or the public and damage to third-party property. If a customer slips and falls in a store due to negligence, the store may be liable for the customer's injuries.
5. Excessive employee health risks due to alcoholism, obesity, smoking. Employees who engage in risky health behaviors like smoking or excessive alcohol consumption can pose risks to their own health as well as to the productivity and safety of the workplace.

Therefore, the correct answer is F) All as all of the mentioned risks should be identified.