PeopleCert 108 Exam Practice Test Instant Access

Question 1

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

AMaximizing the return on investment in risk management

BAssuring the appointment of risk owners

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

DReporting on the risk response plan'

Answer : A

Question 2

Which does the SWOT analysis technique help to identify about an organization?

ALong-term trends

BStakeholder views

CCorporate governance requirements

DInternal strengths

Answer : D

Question 3

Which is a goal of the 'plan' process step?

AChoose appropriate actions to deal with risks

BSet the risk tolerance of an activity

CAgree the timing of the risk communications plan

DUnderstand an activity's pre-response risk exposure

Answer : A

Question 4

Which is a responsibility of the M_o_R assurance role?

AEnsure the availability of staff to implement the risk management strategy

BValidate assessment of individual risks

CDevelop plans to improve risk management

DAdvise the senior team that the correct risk management roles exist

Answer : D

Question 5

Identify the missing word in the following sentence. Applying the 'aligns with objectives' principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

Aoperational

Bproject

Cprogramme

Dstrategic

Answer : D

Question 6

What are the M_o_R principles informed by?

AStatements of internal control

BInternational standard for risk management ISO31000:2009

CPublic Company Accounting and Reform and Investor Protection Act

DBasel Accord (Basel II)

Answer : B

Question 7

What are the M_o_R principles informed by?

ACorporate governance principles

BStatement of internal control

CM_o_R approach

DBasel II

Answer : A

PeopleCert 108 Management of Risk Foundation (MOR) Exam Practice Test