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Questions came word by
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ISO-31000-CLA Questions and Answers

Question # 1

Risk management as defined by OCEG GRC model is:

A.

Capability to set and evaluate performance against objectives

B.

Capability to proactively identify, assess and address uncertainty and potential obstacles to achieving objectives

C.

Capability to proactively encourage and ensure compliance with established policies and boundaries

Question # 2

Enterprise Risk Management (ERM) is considered to have a significant difference compared with traditional risk management approaches because ERM

A.

ensures that an organisation’s objectives will be achieved.

B.

takes an integrated or holistic approach. 

C.

addresses strategic, tactical and operational risk management.

Question # 3

Causes of risk include all the following except:

A.

Health, safety and environment

B.

Finance

C.

Insurance

D.

Chemical breakdown

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