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EXIN Management of Risk Foundation Sample Questions:

1. Which sub-steps are included in the 'assess' step?

A) Context and risks
B) Context and estimate
C) Estimate and evaluate
D) Plan and evaluate

2. Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.

A) plan
B) perform
C) manage
D) record

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

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

4. What provides a comparison of completed risk response actions with planned outcomes?

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

5. Which is a purpose for an'M_o_R health check'?

A) Provide a snapshot of the current status of identified risks
B) Examine future developments that may affect an organization's level of exposure to risk
C) Identify individuals or groups of individuals that have an interest in an organizations planned activity
D) Review how well risk management practices have been embedded

Solutions: