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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

Which is used in the calculation of 'inherent' risk exposure?

A. Effect on objectives if a risk occurs after completed risk response actions
B. Proximity of a risk before risk response actions are implemented
C. Likelihood of a secondary risk occurring
D. Probability of a risk before risk response actions are implemented

Question 2

Which is a use of the 'SWOT analysis' technique?

A. Examining regulatory and corporate governance requirements
B. Identifying future developments that are at the margins of current thinking
C. Estimating the market share of competitors
D. Informing of the status of the risks facing an activity

Question 3

Which is a benefit of effective risk management?

A. Successful completion of all change activities
B. Improves the chances of organizational changes being successful
C. Eliminates risk-taking within an organization
D. Guarantees business benefits will be delivered

Question 4

What is the purpose of using an M_o_R'health check'?

A. Show which organizational activities that risk management should be applied to
B. Provide alternative assurance and approval processes at key decision points within a programme
C. Understand the nature of risks facing an organization and the actions needed to respond
D. Examine an organization's current risk management practices to identify areas for improvement

Question 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. Contingency planning
B. Corporate governance
C. Internal controls
D. Embedding and reviewing

Solutions: