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Exin certification Changed MORF Questions

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Total 140 questions

Management of Risk Foundation Questions and Answers

Question 9

Which BEST describes an area of uncertainty at the programme perspective?

Options:

A.

Changes to customer requirements for business products

B.

Interdependences between business change initiatives

C.

Ability of the infrastructure to meet the required level of service

D.

Operational activities that may affect the organizational reputation

Question 10

Which is a purpose of 'embedding and reviewing' M_o_R?

Options:

A.

Maximizing the return on investment in risk management

B.

Assuring the appointment of risk owners

C.

Ensuring the availability of appropriate techniques used in the risk management process steps

D.

Reporting on the risk response plan'

Question 11

Which is NOT an action needed to achieve the goal of the 'assess - evaluate' step?

Options:

A.

Determine which other risks will occur if a risk occurs

B.

Calculate the total risk exposure for the activity

C.

Evaluate the effectiveness of risk management across the organization

D.

Determine which risks are independent of other risks

Question 12

What are the M_o_R principles informed by?

Options:

A.

Statements of internal control

B.

International standard for risk management ISO31000:2009

C.

Public Company Accounting and Reform and Investor Protection Act

D.

Basel Accord (Basel II)

Page: 3 / 5
Total 140 questions