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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which is a responsibility of a 'risk actionee'?

A) Perform a risk response action to respond to a particular risk
B) Develop strategies to improve the management of risk
C) Identify risks that might occur to activities in their department
D) Manage all aspects of an assigned risk

2. Identify the missing word in the following sentence. The impact of risks to organizational goals at the [ ? ] perspective may only become noticeable far into the future.

A) project
B) strategic
C) operational
D) programme

3. What step is used to determine the likelihood of a risk occurring?

A) Assess - estimate
B) Identify-context
C) Identify - risks
D) Assess - evaluate

4. What is corporate governance?

A) The systematic application of principles, an approach and a process to the tasks of managing risk
B) A sound system of internal control to ensure that effective management systems have been established to protect the organization
C) A standard set of high-level criteria against which the degree of difficulty of a proposed project is assessed
D) A plan for the fast and efficient resumption of essential business services

5. What objectives are associated with decisions on risks to the achievement of long-term goals?

A) Operational
B) Strategic
C) Programme
D) Project

Solutions: