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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which M_o_R principle advocates that an organization's risk appetite should be within the organization's risk capacity?

A) Fits the context
B) Aligns with objectives
C) Informs decision-making
D) Provides clear guidance

2. Which risk response option'takes the chance' that the risk will occur, with its full impact if it did?

A) Accept the risk
B) Prepare contingent plans
C) Transfer the risk
D) Share the risk

3. Which is a benefit of effective risk management?

A) Improves the probability of achieving objectives
B) Guarantees business benefits will be delivered
C) Increases the number of risks that may occur for an activity
D) Eliminates risk to an activity

4. Identify the missing words in the following sentence. Actions to [ ? ] are the source of secondary risks.

A) tackle risks to an organizational activity
B) embed risk management
C) improve how risk is managed
D) transform process step inputs to outputs

5. Which is a use of the risk management policy in the 'identify - context' step for an activity?

A) Providing guidance on setting risk tolerance thresholds
B) Recording departures from the risk management process guide
C) Identifying the activity-specific categories to be used for grouping risks
D) Defining the records to be used

Solutions: