Hi, you can give these 10 PTQs a shot.....we will post the answers next week!
- A vehicle from Fleet A is struck by a truck while parked. A claim is filed with the truck driver's insurance company. That insurance company will compensate Fleet A to return them to the position they were in prior to the crash. What term describes this process?
- Subrogation
- Ratification
- Compensation
- Indemnification
- A driver from Fleet A loses control of his vehicle and strikes a lamp post. What type of insurance coverage would cover the damage to the lamp post?
- Personal Injury Protection
- Property Damage Liability
- Collision
- Comprehensive
- Insurance is based on a principal that requires complete honesty and disclosure of all relevant facts from both parties. What is this principal called?
- Indemnification
- Good Faith
- Exposure
- Representation
- A fleet vehicle for Fleet A is stranded in traffic on the freeway. While idling, the car starts on fire and is severely damaged. What type of auto insurance would pay for the damages?
- Property Damage Liability
- Collision
- Comprehensive
- Personal Injury Protection
- An organization has a training program that trains drivers in a designated type of vehicle such as on boarding practices for school busses. What is this training called?
- Equipment familiarization training
- Task-specific training
- Defensive driver training
- Commentary training
- Which of the following actions should a driver take at the scene of a crash?
- Leave the vehicle in the position it is in following the crash.
- Call emergency services or 911 if there is any injury at the crash site.
- Contact supervisor and Fleet Maintenance within 48 hours.
- If operating a DOT vehicle and there are injured victims, complete a drug test within 48 hours.
- A fleet manager is using a method in her risk management program that allows her firm to exchange an unknown loss exposure for known costs. What is this method called?
- self-insurance
- workers compensation
- indirect cost accounting
- insurance
What treatment strategy would be associated with a risk that has very low exposure and only a minor impact if it occurs?
- Retain
- Reduce
- Transfer
- Avoid
- Which of the following risks should receive top priority for treatment?
- Minor fuel discrepancies that happen infrequently
- Regular exposure to operations which put the public at high risk
- Frequent backing collisions with losses averaging $900/crash
- Infrequent crashes resulting in severe damage
Fleet A has experienced three wheel-off incidents in the past 60 days. The first two resulted in bad publicity and large fines and the third involved a third-party fatality. What treatment strategy should be used?
- Retain
- Transfer
- Insure
- Avoid
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Katherine Vigneau, CAFM
Director of Professional Development
NAFA
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Original Message:
Sent: 08-05-2020 17:07
From: Amy Hudson
Subject: What makes up the Risk Management Exam?
Are there any sample test questions available for this new module?
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Original Message:
Sent: 8/5/2020 12:45:00 PM
From: Timothy Coxwell
Subject: What makes up the Risk Management Exam?
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Timothy E. Coxwell CAFM CPFP
Fleet Management Division Director
Leon County Sheriffs Office
Tallahassee, Florida
coxwellt@leoncountyfl.gov
850-544-8787
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