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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Identify the missing words in the following sentence. The lack of [ ? ] is a common barrier to implementing the risk management process.

A) an assigned risk owner
B) a high-risk appetite
C) clear guidance for managers and staff
D) appropriate responses to risks

2. What provides an analysis of trends of risks in different risk categories?

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

3. Which describes the 'reduce a threat' risk response option?

A) Perform an action to minimise the impact and/or probability of the risk
B) Remove the cause of the threat
C) Obtain an insurance policy to cover the impact should the risk occur
D) Partake in a pain/gain contract with another party for the specified risk

4. Which role provides sponsorship to ensure that risk management is embraced within the organization?

A) Senior manager
B) Manager
C) Risk specialist
D) Assurance

5. Which document describes how risk management activities will support the achievement of corporate objectives throughout an organization?

A) Risk management process guide
B) Risk management policy
C) Risk progress report
D) Risk management strategy

Solutions: