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NO.1 Which describes the cause of a risk?

A. Likelihood of the risk
occurring

B. Potential trigger point for a risk

C. Impact of the risk on
an activity

D. Risk remaining after implementing a risk response

Answer:
B



NO.2 Which is a purpose of using a risk maturity model?

A. Identify
where the application of risk management within an organization can be
improved

B. Understand the nature of risks facing an organization and the
actions needed to respond

C. Provide independent risk information at key
decision points within a programme or project

D. Show to which organizational
activities risk management should be applied

Answer: A



NO.3 Which
effect on the organization's objectives could the PESTLE analysis technique help
to

identify

A. Risk exposure trends

B. Current external factors

C.
Long-term developments

D. Internal strengths

Answer: B



NO.4 What
document describes how risk management activities relate to the achievement
of

strategic objectives?

A. Risk progress report

B. Risk management
process guide

C. Risk management policy

D. Risk register

Answer:
C



NO.5 Which is a responsibility of the senior team role?

A. Approve
assessments of risk probability, impact and proximity

B. Specify the required
budget to fund risks

C. Document the importance of risk management towards
achieving organizational objectives

D. Agree the timing of risk progress
reports for an activity

Answer: C



NO.6 Identify the missing words in
the following sentence. Because organizations [ ? ] they need to

use the
environmental risk management' specialism.

A. are concerned about stakeholder
perceptions

B. see brand and reputation as key assets

C. face financial
penalties for polluting waterways

D. fail to deliver minimum
standards

Answer: C



NO.7 Which is a use of a risk management maturity
model?

A. Enabling organizations to benchmark their current risk management
capability

B. Checking the state of current risk management

C. Identifying
areas where application of risk management can be improved

D. Carrying out an
enterprise wide assessment

Answer: A



NO.8 Which specialism has been
developed to offer business as usual in the quickest possible time

in the
event of an emergency?

A. Incident and crisis management

B. Business
continuity management

C. Health and safety management

D. Reputational risk
management

Answer: B