EXIN Management of Risk Foundation - MORF Exam Practice Test

Question 1
What defines the threshold levels of risk exposure that when exceeded will trigger a response?

Correct Answer: A
Question 2
Which action is NOT needed in order for risk management to be effective?

Correct Answer: D
Question 3
Which information from the risk register is used during the 'assess - evaluate' step to calculate the total risk exposure of an activity?

Correct Answer: A
Question 4
Which effect on the organization's objectives could the PESTLE analysis technique help to identify

Correct Answer: D
Question 5
What is the lack of senior management support a common barrier to?

Correct Answer: C
Question 6
Identify the missing words in the following sentence. In order to safeguard value-creating activities, [ ? ] is used to build an effective response to threats.

Correct Answer: C
Question 7
What document describes how risk management activities relate to the achievement of strategic objectives?

Correct Answer: C
Question 8
Which is NOT an action needed to achieve the goal of the 'assess - evaluate' step?

Correct Answer: C
Question 9
Which does the SWOT analysis technique help to identify about an organization?

Correct Answer: B