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EXIN Management of Risk Foundation Sample Questions:

1. Which of the M_o_R framework core concepts is informed by corporate governance principles and the international standard for risk management ISO31000:2009?

A) M_o_R approach
B) M_o_R principles
C) M_o_R process
D) Embedding and reviewing M_o_R

2. How is the risk register used in the'assess - estimate' step?

A) Record identified risks
B) Identify risk owners
C) Update the residual risk exposure
D) Revise risk descriptions as necessary

3. Which is identified by use of the 'SWOT analysis' technique?

A) Net effect of risks on the objectives of an activity
B) Stakeholders involved in an activity
C) Factors that may impact the objectives of an activity
D) Roles and responsibilities of those involved in an activity

4. Which can be used to measure the impact a risk management awareness programme has on an organization?

A) Benchmarking
B) Brainstorming
C) Gateway reviews
D) Risk questionnaires

5. Which is NOT described in the M_o_R risk management process guide?

A) Tools and techniques to support the risk management process steps
B) Templates, their purpose and locations
C) Procedures for escalation and delegation between the different perspectives
D) Roles and responsibilities for the process

Solutions: