GAQM ISO-31000-CLA ISO 31000 - Certified Lead Risk Manager Exam Practice Test

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Total 100 questions
Question 1

ISO 31000is intended to be a family of standards relating torisk managementcodified by the________.



Question 2

Which of the following statements does not apply to ISO 31000?



Question 3

Which management ensures that value is created by identifying opportunities for investment, mergers, or acquisition.



Answer : A

Risk management ensures that value is created by identifying opportunities for investment, mergers, or acquisition. Risk management helps to assess the potential benefits, costs, and risks of different options and make informed decisions.


Question 4

A program officer and a security manager are planning a focus group discussion with community members on potential risks related to projects on female empowerment in local secondary schools. What is the best approach for them to take to define the context?



Answer : D

According to , page 9, defining the context involves ''understanding what influences people's perception and tolerance of risks''. Discussing how girls are viewed by community members can help identify potential sources of resistance, conflict or violence that may affect the project's objectives and outcomes.


Question 5

A train has crashed and is badly damaged. There have been numerous claims from injured passengers as well as a loss of revenue for the train operator. This is an example of



Question 6

What could a financial organisation make primary use of, to assess whether its risk management systems are likely to fail?



Question 7

After validating the training curricula, a risk management professional



Answer : D

According to , page 23, after validating the training curricula, a risk management professional schedules and conducts training sessions based on the target audience's needs and availability.


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Total 100 questions