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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

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

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

Question 2

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. Provides clear guidance
C. Fits the context
D. Informs decision-making

Question 3

Which describes the risk response option'share the risk'?

A. Carry out an action to make the uncertain situation certain
B. Obtain an insurance policy to cover the impact should the risk occur
C. Perform an action to minimise the impact of the risk should it occur
D. Partake in a pain/gain contract with another party for the specified risk

Question 4

Which is NOT a use of the 'SWOT analysis' technique?

A. Create an understanding of a current market position
B. Identify long-term developments that could affect the organization's objectives
C. Provide an internal and external environmental analysis when used with other techniques
D. Identify external factors that may have an effect on the organization's objectives

Question 5

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

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

Solutions: