ISO-31000-CLA Online Dumps Boost Your Career

The ISO-31000-CLA ISO 31000 - Certified Lead Risk Manager certification exam is challenging, and it's natural to feel anxious and nervous before taking the exam. Practicing with ISO-31000-CLA dumps questions can help alleviate this anxiety by boosting your confidence. As you practice and become more familiar with the exam format and content, you'll feel more confident in your abilities, which can help you perform better on the actual ISO-31000-CLA exam. Practicing with ISO-31000-CLA questions can increase your chances of success in the certification exam. Practice free GAQM ISO-31000-CLA exam dumps below.

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1. Which of the following tools are used Risk managers for communication between stakeholders and interested parties?

Database

Records

Bio-data

Resume

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2. Which of the following are two ISO 31000:2018 risk management principles? (Choose two)

Integrated

Customized

Functional

Statistical

Design

Strategy

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3. Which type of risk management technique does insurance belongs to?

Sharing

Reduction

Retention

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4. Inclusiveness is another critical attribute of good risk management.

True

False

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5. A systemic risk involves:

A risk that loss in one area of an organization may cause loss in another area of the organization

A risk that all of the current suppliers of an organization’s inputs will be unable to produce the inputs

A risk that an event will cause multiple key people in an organization to leave at once

A potential major disruption in the function of an entire market or financial system

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6. Causes of risk include all the following except:

Health, safety and environment

Finance

Insurance

Chemical breakdown

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7. Which of the following significant risks of reporting are outside the risk appetite of the organization and can impact compliance, which may also be reportable to regulatory agencies? (Choose two)

External

Vision

Internal

Dynamic

Functional

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8. The organization’s resources and internal support are ________ the risk management strategy.

adjustable to match

inputs in the development of

metrics used to measure the value of

outcomes of the development of

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9. Which of the is a set of systematic, deliberate, and actionable steps to manage risk?

Security

Control

Process

Vision

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10. Which teams are composed of cross functional subject matter experts, risk experts, and process owners?

Risk assessment teams

Crisis Information teams

Project management teams

Crisis management teams

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11. Who serves as the principal adviser to the CEO, business unit heads, and critical function heads on risk matter?

Chief Risk Officer (CRO)

Chief Information Officer (CIO)

Quality Auditor (QA)

Risk Owner (RO)

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12. Which step is the risk process steps to manage, control, or remediate risk?

Risk avoidance

Risk identification

Risk evaluation

Risk treatment

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13. Organizational information systems, information flows, and formal and informal decision-making processes are all a part of establishing which type of context in regard to the organization?

External

Technological

Local

Internal

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14. A captive must be located in the same country as its parent company.

1 and 4.

1 and 2.

2 and 3.

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15. Which of the following is described in terms of consequence and likelihood?

Level of risk

Level of crisis

Level of uncertainty

Level of cohesiveness

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16. Treatment plan becomes a living document of defining the direction of the risk treatment and being able to monitor progress against the plan.

True

False

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17. What does the probability of occurrence multiplied by the impact of the event, equals to

Risk Tangent

Risk Scale

Risk Level

Risk Magnitude

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18. Which risk is sometimes called ‘retained risk.’?

Residual risk

Conceptualize risk

Analytical risk

Procedural risk

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19. Uncertainties may involve: (Choose two)

The process used to conduct the risk analysis

The processed to know upcoming security issues

Differing abilities among risk analysts

Appointing security analyst

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20. Which of the following are ISO 31000:2009 Enhanced Risk Management attributes? (Choose two)

Full accountability for risk controls and treatment

Solution offering

Decision making involves risk

Crisis management and process attributes

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21. Risk management is a strategic management process.

True

False

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22. The risk management landscape has changed dramatically in recent history because of changes in all but which of the above?

Technology

Globalization

Global warming

Finance

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23. How many risk management principles exists ISO 31000:2018?

7

8

9

6

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24. Risk management is tailored.

True

False

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25. Which management is core to governance and compliance?

Risk

Crisis

Quality

Fillet

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26. What is the role of risk management in the strategic planning process?

Challenge the decisions made.

Develop risk treatment plans.

Draft the decisions to be made.

Identify threats and opportunities.

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27. As part of the ISO 31000 risk management process, ‘monitoring and review’ is best thought of as which of the following?

An extra stage.

A feedback loop.

Part of risk assessment.

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28. Risk management takes human and cultural factors into account.

True

False

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29. How many types of potential risk strategies exist?

2

3

4

5

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30. Which of the following is the current trend in auditing, risk management and compliance?

Providing assurance over threats

Performing discrete audits in compliance with internal control

Front office function providing leading indicators about risk

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31. Which of the following step is a critical part of risk assurance?

Evaluation Context

Establishing Context

Communication and Consultations

Monitoring and Review

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32. Which plan provides a roadmap on how the treatment options will be deployed?

Vison

Static

Fixed

Treatment

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33. What is a primary benefit of a commercial customer self-insuring a risk?

Claims costs will reduce

Controllability of risk will increase

Its short-term cash-flow position is likely to improve.

Staff training requirements will decrease.

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