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EXIN Management of Risk Foundation Sample Questions:
1. Which M_o_R principle advocates that an organization's risk appetite should be within the organization's risk capacity?
A) Fits the context
B) Aligns with objectives
C) Provides clear guidance
D) Informs decision-making
2. Which is a use of the 'SWOT analysis' technique?
A) Identifying future developments that are at the margins of current thinking
B) Examining regulatory and corporate governance requirements
C) Estimating the market share of competitors
D) Informing of the status of the risks facing an activity
3. Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?
A) Reputational risk management
B) Incident and crisis management
C) Health and safety management
D) Business continuity management
4. What is the initial probability recorded in the risk register based on?
A) Post-response assessment
B) Stage of the activity
C) Proximity of the risk
D) Pre-response assessment
5. Identify the missing words in the following sentence. The primary outcome of the [ ? ] principle is that organizations learn from their mistakes.
A) creates a supportive culture
B) facilitates continual improvement
C) provides clear guidance
D) achieves measurable value
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |


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