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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

Which is a common barrier to implementing the risk management process?

A. Lack of a high-risk appetite at senior management level
B. Lack of policies, processes, strategies and plans
C. Lack of an assigned risk owner
D. Lack of an appropriate response to a risk in an activity's risk register

Question 2

Which is a purpose of the risk management process guide?

A. Explain how the risk management steps will be carried out across the organization
B. Explain how risk management practices will be implemented throughout an organization
C. Describe the specific risk management activities that will be performed on a particular organizational activity
D. Describe the steps required to improve the level of risk management within an organization

Question 3

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. Embedding and reviewing
C. Internal controls
D. Corporate governance

Question 4

Which is a responsibility of the M_o_R manager role?

A. Define risk tolerance thresholds
B. Prepares risk workshop materials
C. Ensures a risk review process is in operation
D. Defines how much risk should be taken

Question 5

Which is a goal of the 'plan' process step?

A. Understand an activity's pre-response risk exposure
B. Choose appropriate actions to deal with risks
C. Agree the timing of the risk communications plan
D. Set the risk tolerance of an activity

Solutions: