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EXIN Management of Risk Foundation Sample Questions:

1. Who does a 'risk actionee' keep up to date on progress when implementing a response to a risk?

A) Risk owner
B) Senior team
C) Audit committee
D) Team

2. Which is a primary step within the 'M_o_R process'?

A) Control
B) Manage
C) Embed
D) Assess

3. Which perspective is concerned with decisions about risks to long-term objectives that may not become apparent until well into the future?

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

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

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

5. Which is identified by use of the 'SWOT analysis' technique?

A) Roles and responsibilities of those involved in an activity
B) Factors that may impact the objectives of an activity
C) Net effect of risks on the objectives of an activity
D) Stakeholders involved in an activity

Solutions: