Adult-Gerontology Clinical Nurse Specialist (CNS) Practice Exam

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Risk control consists of all of the following EXCEPT:

Risk avoidance
Loss control
Transfer of risk
Self-insurance

The correct answer is: Self-insurance

Risk control encompasses strategies aimed at minimizing the potential for loss and reducing the impact of risks. This includes various approaches such as risk avoidance, which involves eliminating the activities that create risk; loss control, which aims to reduce the severity and frequency of losses; and transfer of risk, which involves shifting the risk to another party, typically through insurance. Self-insurance, on the other hand, is a method of handling risk rather than controlling it. It involves setting aside funds to cover potential losses instead of transferring the risk to an insurance company. While self-insurance does play a role in overall risk management, it does not align directly with the proactive strategies aimed at controlling risks before they result in a loss, which is the focus of risk control. Therefore, self-insurance is not considered a form of risk control, distinguishing it from the other three options that are integral to a risk control strategy.