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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. What provides an analysis of trends of risks in different risk categories?

A) Risk improvement plan
B) Risk progress report
C) Risk communications plan
D) Risk management strategy

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

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

3. Which is used to review how well an organization has embedded M_o_R?

A) Risk improvement plan
B) Early warning indicators
C) Monetary benefit measurement
D) Risk management health check

4. How is the risk progress report used in the'implement' step?

A) Identify the status against the activity's stated measures for risk management
B) Gain agreement for the amount of risk that can be taken
C) Describe actions to enhance how risk management is performed
D) Identify the scales used to measure the probability and impact of a risk

5. What ensures that an organization's implementation of the M_o_R approach' and 'M_o_R process' undergoes frequent improvement to remain effective?

A) Embedding and reviewing
B) Corporate governance
C) Contingency planning
D) Internal controls

Solutions: