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ARM 400 BUNDLED exam 2023 with 100% correct answers
ARM 400 exam 2023 with 100% correct answers ARM 400 exam 2023 with 100% correct answers
[Montrer plus]ARM 400 exam 2023 with 100% correct answers ARM 400 exam 2023 with 100% correct answers
[Montrer plus]what two things lie at the base of every risk management concept - correct answer -the intersection of different types of risk 
a method for identifying, assessing, and treating all risks 
 
traditional risk assessment techniques focus on what - correct answer -root cause analysis - which identifies...
Aperçu 3 sur 23 pages
Ajouter au panierwhat two things lie at the base of every risk management concept - correct answer -the intersection of different types of risk 
a method for identifying, assessing, and treating all risks 
 
traditional risk assessment techniques focus on what - correct answer -root cause analysis - which identifies...
Benefits of risk management (6) - correct answer1. tolerable uncertainty 
2. profitability and growth 
3. legal and regulatory compliance 
4. social responsibility 
5. reduced cost of risk 
6. reduced deterrent effects of hazard risk 
 
Basic risk measures (6) - correct answer1. exposure 
2. volatil...
Aperçu 2 sur 5 pages
Ajouter au panierBenefits of risk management (6) - correct answer1. tolerable uncertainty 
2. profitability and growth 
3. legal and regulatory compliance 
4. social responsibility 
5. reduced cost of risk 
6. reduced deterrent effects of hazard risk 
 
Basic risk measures (6) - correct answer1. exposure 
2. volatil...
George works for a large company and part of his job is to monitor assets according to their liquidity. George is particularly concerned that the company fleet cars are affecting its liquidity and rising fuel prices are having an adverse effect during tight economic markets. If George's concerns we...
Aperçu 1 sur 3 pages
Ajouter au panierGeorge works for a large company and part of his job is to monitor assets according to their liquidity. George is particularly concerned that the company fleet cars are affecting its liquidity and rising fuel prices are having an adverse effect during tight economic markets. If George's concerns we...
Encouraging the expression of feelings as well as facts and following up with employees on the problems they report are two ways that managers and supervisors can 
A. Cultivate two-way communication. 
B. Facilitate active listening. 
C. Support diverse groups. 
D. Maintain control of the conversatio...
Aperçu 3 sur 27 pages
Ajouter au panierEncouraging the expression of feelings as well as facts and following up with employees on the problems they report are two ways that managers and supervisors can 
A. Cultivate two-way communication. 
B. Facilitate active listening. 
C. Support diverse groups. 
D. Maintain control of the conversatio...
Provides a measure of the maximum potential damage associated with an occurrence -correct answer exposure 
 
________________ is an essential goal for all public entities -correct answer continuity of operations 
 
An organization must meet the standard of care that it owes to others in order to e...
Aperçu 2 sur 9 pages
Ajouter au panierProvides a measure of the maximum potential damage associated with an occurrence -correct answer exposure 
 
________________ is an essential goal for all public entities -correct answer continuity of operations 
 
An organization must meet the standard of care that it owes to others in order to e...
SRP stages - correct answer --emergency stage 
-alternative marketing stage 
-contingency production stage 
-communication stage 
 
strategic redeployment plan - correct answer -determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when...
Aperçu 3 sur 26 pages
Ajouter au panierSRP stages - correct answer --emergency stage 
-alternative marketing stage 
-contingency production stage 
-communication stage 
 
strategic redeployment plan - correct answer -determines how to resume operations in a way that repairs an org's reputation and ensures its recovery and survival; when...
Sets of data that are too large to be gathered and analyzed by traditional methods - correct answer -Big Data 
 
An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved...
Aperçu 3 sur 22 pages
Ajouter au panierSets of data that are too large to be gathered and analyzed by traditional methods - correct answer -Big Data 
 
An innovative item that uses sensors; wireless sensor networks; and data collection, transmission, and analysis to further enable the item to be faster, more useful, or otherwise improved...
Big Data - correct answerSet of data that are too large to be gathered and analysed by traditional data. 
 
Strategic Redeployment Plan - correct answera comprehensive plan for resiliency after a severe disruption 
 
Business Impact Analysis (BIA) - correct answerassesses identified risks and determ...
Aperçu 2 sur 11 pages
Ajouter au panierBig Data - correct answerSet of data that are too large to be gathered and analysed by traditional data. 
 
Strategic Redeployment Plan - correct answera comprehensive plan for resiliency after a severe disruption 
 
Business Impact Analysis (BIA) - correct answerassesses identified risks and determ...
Malware is defined as - correct answer -Software designed to cause damage. 
 
Donna's Dog Treats has been very successful in the Boston area and would like to expand to new cities. Donna knows that she cannot make this decision based on customer advice and blind faith. She has collected internal fi...
Aperçu 1 sur 3 pages
Ajouter au panierMalware is defined as - correct answer -Software designed to cause damage. 
 
Donna's Dog Treats has been very successful in the Boston area and would like to expand to new cities. Donna knows that she cannot make this decision based on customer advice and blind faith. She has collected internal fi...
According to the law of large numbers, as the number of exposure units insured increases, - correct answer The relative accuracy of predictions about future losses increases 
 
The fundamental purpose of a risk management framework is to - correct answer Integrate risk management throughout the orga...
Aperçu 2 sur 15 pages
Ajouter au panierAccording to the law of large numbers, as the number of exposure units insured increases, - correct answer The relative accuracy of predictions about future losses increases 
 
The fundamental purpose of a risk management framework is to - correct answer Integrate risk management throughout the orga...
Traditional Risk Management (TRM) - correct answer- Risks are evaluated in a "silo" approach 
- Losses are usually insurable, pure risks 
-focus on cost reduction rather than value creation 
-root cause analysis (RCA) approach 
 
ERM - correct answerEnterprise Risk Management 
 
Enterprise Risk Ma...
Aperçu 3 sur 25 pages
Ajouter au panierTraditional Risk Management (TRM) - correct answer- Risks are evaluated in a "silo" approach 
- Losses are usually insurable, pure risks 
-focus on cost reduction rather than value creation 
-root cause analysis (RCA) approach 
 
ERM - correct answerEnterprise Risk Management 
 
Enterprise Risk Ma...
When communicating a decision up the organization's chain of command, consulting with outside experts can help a risk management professional do which one of the following? 
A. Seek feedback from stakeholders 
B. Stay focused on the organization's objectives 
C. Define the organization's risk app...
Aperçu 4 sur 64 pages
Ajouter au panierWhen communicating a decision up the organization's chain of command, consulting with outside experts can help a risk management professional do which one of the following? 
A. Seek feedback from stakeholders 
B. Stay focused on the organization's objectives 
C. Define the organization's risk app...
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