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

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Total 100 questions
Question 1

Which of the following consists of risk management principles, framework, and process that have been adopted as a national risk management standard by more than 60 countries?



Question 2
Question 3

The organization's resources and internal support are ________ the risk management strategy.



Answer : B

according to page 15 of source 3, the development of a risk management strategy takes into account the organization's resources and internal support. These resources include factors such as human, capital, and technological resources; organizational structure, culture, and governance; communication and consultation mechanisms; and support from senior management and leadership. These inputs have an impact on the feasibility and effectiveness of the risk management strategy.


Question 4

Which management can be used in varied and complex settings?



Question 5

Relying on historic analysis when assessing potential risks and possible impacts implies that



Question 6

New definition of risk under ISO 31000 and 31010 is:



Answer : D

According to ISO/IEC Guide73 (2009), clause 1., risk is defined as ''the effect of uncertainty on objectives''. This definition applies to both ISO/IEC Guide73 (2009) and ISO31000 (2018), which are standards for risk management terminology and principles respectively.


Question 7

The accuracy and reliability of the risk assessment should be identified as clearly as possible.



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Total 100 questions