[Q55-Q72] Latest ISO-31000-CLA Practice Test Questions Verified Answers As Experienced in the Actual Test! : Top Exam Collection : http://blog.topexamcollection.com

NO.55 Enterprise Risk Management (ERM) is considered to have a significant difference compared with traditional risk management approaches because ERM

ensures that an organisation’s objectives will be achieved.

takes an integrated or holistic approach.

addresses strategic, tactical and operational risk management.

NO.56 An international bank has identified the risks associated with economic changes in the countries in which it operates. Which of the following correctly describes these risks?

Internal – Infrastructure.

External – Reputational.

External – Marketplace.

NO.57 Risk management theory that considers an organization-wide approach to risk management is known as what type of approach?

Cross-functional

総合的

Interrelational

Holistic

NO.58 Which management ensures that value is created by identifying opportunities for investment, mergers, or acquisition.

リスク

Quality

Crisis

Safety

NO.59 What does the probability of occurrence multiplied by the impact of the event, equals to

Risk Tangent

Risk Scale

Risk Level

Risk Magnitude

NO.60 Which element is often the biggest challenge in risk implementation?

human

computation

NO.61 Causes of risk include all the following except:

Health, safety and environment

Finance

Insurance

Chemical breakdown

NO.62 A risk management professional advises management on the status of key risks by

annually identifying the inventory of risks.

providing information about competitors’ risk management plan.

providing insights into the changing characteristics of a risk.

summarizing internal audit reports.

NO.63 The organization’s resources and internal support are ________ the risk management strategy.

adjustable to match

inputs in the development of

metrics used to measure the value of

outcomes of the development of

NO.64 Which of the following is a process with inputs, activities, and outcomes?

Supply chain management

Financial management

Risk management

Quality management

NO.65 Which of the following are ISO 31000:2009 Enhanced Risk Management attributes? (Choose two)

Full accountability for risk controls and treatment

Solution offering

Decision making involves risk

Crisis management and process attributes

NO.66 Which risk identification involves creating alternative ways to achieve an objective?

Scenario Based

Objectives-Based

NO.67 From the three actions Tom Brown is undertaking, which is categorised as a pure risk?

Buying 100 lottery tickets

Selling his house even though he receives less than he paid for it because he thinks prices will fall further.

Going horse riding without wearing a riding helmet.

NO.68 What could a financial organisation make primary use of, to assess whether its risk management systems are likely to fail?

Key control indicators.

Key risk indicators.

Silo-based risk management.

Physical inspections.

NO.69 Which step is the risk process steps to manage, control, or remediate risk?

Risk avoidance

Risk identification

Risk evaluation

Risk treatment

70位 What is typically the day-to-day responsibility of a Chief Risk Officer within a large organisation?

Ensuring that all key risks are adequately managed and reported.

Preparing and maintaining individual insurance arrangements

Producing policies on compliance matters

Providing assurance that individual risk management processes are effective.

NO.71 Risk management as defined by OCEG GRC model is:

Capability to set and evaluate performance against objectives

Capability to proactively identify, assess and address uncertainty and potential obstacles to achieving objectives

Capability to proactively encourage and ensure compliance with established policies and boundaries

NO.72 Risk management is a strategic management process.

真

偽

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