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SHRM Certified Professional CP Risk Management Interpersonal 2024 Exam Review Questions and Answers 100% Pass | Graded A+ $14.99   Add to cart
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SHRM Certified Professional CP Risk Management Interpersonal 2024 Exam Review Questions and Answers 100% Pass | Graded A+
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SHRM Certified Professional CP Risk Management Interpersonal 2024 Exam Review Questions and Answers 100% Pass | Graded A+

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  • August 18, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • shrm certified professional cp risk management int
  • shrm cp certified professional
  • cp risk management interpersonal

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SHRM Certified Professional CP Risk
Management Interpersonal 2024 Exam
Review Questions and Answers 100% Pass
| Graded A+


Administrator [Date] [Course title]

,1. Significant differ-
1.COSO tends to be more compliance-oriented,
ences between
while ISO is more proactive and is applicable to a
ISO 31000 and
broader range of organizations.
COSO
2. COSO focuses traditional definition of
stakeholders (owners/shareholders), while ISO
reflects a more contem- porary focus on
organizational stakeholders.

2. Risk Manage- 3. COSO risk = adverse, ISO Risk = uncertainty
ment
"coordinated activities to direct and control an
3. Risk manage- organiza- tion with regard to risk."
ment strategies
designed to change the probability of a risk
event occur- ring and/or the degree of its impact
on the organization's objectives

4. Risk Control An action taken to manage a risk

5. COSO Enterprise created in the U.S., primarily for the needs of the
Risk Manage- financial industry and to support financial
ment auditing, (used as frame- work for ISO)
6. Benefits of Risk 1. Support Strategy
Management to
Organization 2. Better response to Risk

3. Consistent Response & Better predictability

4. Efficiencies/Opportunities better identified and
seized

5.Better understanding and management of the
interrela- tionships between Risks
7. Barriers to
Risk 1. Structural - Silo Structures overlook
Management
dependencies

2/

, 2. Cognitive - Lack
of creativity and
openness to
change. If -then
vs. What-if




3/

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