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Updated: Jul 13, 2026
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EXIN Management of Risk Foundation Sample Questions:
1. How is the risk register used in the'assess - estimate' step?
A) Revise risk descriptions as necessary
B) Record identified risks
C) Update the residual risk exposure
D) Identify risk owners
2. What are the M_o_R principles informed by?
A) Statement of internal control
B) Corporate governance principles
C) M_o_R approach
D) Basel II
3. Which task will be carried out while performing the 'identify - risks' step?
A) Ranking the importance of the stakeholders involved in the activity
B) Ensuring that all participants agree on the identified risks
C) Calculating when an identified risk is likely to occur
D) Developing an appropriate response to the identified risks
4. What provides an analysis of trends of risks in different risk categories?
A) Risk progress report
B) Risk improvement plan
C) Risk management strategy
D) Risk communications plan
5. Which is a responsibility of the team?
A) Ensure adequate resources are available to implement the risk management strategy
B) Identify and escalate risks
C) Develop the risk improvement plan
D) Run risk management workshops
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
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