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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which BEST describes an area of uncertainty at the operational perspective?

A) Variation to the schedule of a defined business product
B) Minimizing disruptions to customer services during transformational change
C) Damage to the organization's infrastructure
D) Availability of skills required to deliver services to customers

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

3. Which is a responsibility of the M_o_R senior manager role?

A) Develop risk improvement plans
B) Review progress to develop the risk management policy
C) Define the amount of risk that should be taken for the organization
D) Specify risk tolerance levels

4. What are the M_o_R principles informed by?

A) Basel II
B) Statement of internal control
C) M_o_R approach
D) Corporate governance principles

5. What provides a comparison of completed risk response actions with planned outcomes?

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

Solutions: