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EXIN Management of Risk Foundation Sample Questions:

1. What risk management specialism is focused on ensuring an organization keeps operating following an incident?

A) Health and safety
B) Safety and security
C) Financial risk management
D) Business continuity management

2. Which perspective ensures risk management maintains a view of the adequacy of controls that support service delivery to satisfy the fits the context principle?

A) Project
B) Programme
C) Operational
D) Strategic

3. What does a 'risk management strategy' describe?

A) Processes required to improve risk management within an organization
B) Series of steps needed to implement risk management
C) Specific risk management practices that will be performed within an activity
D) Risk management policies that will be implemented throughout an organization

4. Identify the missing words in the following sentence. Because organizations [ ? ] they need to use the environmental risk management' specialism.

A) face financial penalties for polluting waterways
B) see brand and reputation as key assets
C) fail to deliver minimum standards
D) are concerned about stakeholder perceptions

5. 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) Share the risk
D) Transfer the risk

Solutions: