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ARM 400 Exam Practice Questions and Answers 100% Solved Newest 2024
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ARM 400 Exam Practice Questions and Answers 100% Solved Newest 2024
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ARM 400 Exam Practice Questions andAnswers 100% Solved Newest 2024
Whenscommunicatingsasdecisionsupsthesorganization'sschainsofscommand,sconsulting
swithsoutsidesexpertsscanshelpsasrisksmanagementsprofessionalsdoswhichsonesofsthesf
ollowing?
A.sSeeksfeedbacksfromsstakeholders
B.sStaysfocusedsonsthesorganization'ssobjectives
C.sDefinesthesorganization'ssrisksappetite
D.sEnhancesstakeholders'sconfidencesinsthesprocesss-sD
Whichsofsthesfollowingsrisksmanagementsprogramsgoalssissansessentialsgoalsforsallspu
blicsentities?
A.sEarningsstability
B.sContinuitysofsoperations
C.sGrowth
D.sSurvivals-sB
Thestraditionalsdefinitionsofsrisksmanagementsreflectssthestraditionalsconceptsofsrisks
as
A.sBothspositivesandsnegative.
B.sNegative.
C.sUncontrollable.
D.sStrategic.s-sB
Duringsthespastsyear,sInternationalsToysshassundertakensfourscapitalsprojects.sThesco
mpanyshassrenovatedsandsrefurbishedsonesofsitssagingswarehousesbuildings.sItshassp
urchasedsthesmostsrecentsversionsofsitsscurrentsordersprocessingscomputerssoftware.
sItshassaddedstwostrucksstositssfleetsofsdeliverysvehicles.sLastly,sitshasspurchasedsasne
wsproductionsmachinesthatswillsallowsitstoslaunchsasnewsproductsline.sWhichsonesofsth
esfollowingscompanysprojectssissthesmostsspeculativesrisk?
A.sThestwosnewstrs-sD
Whichsonesofsthesfollowingsstatementssisstruesregardingsthesbasicsmeasuressthatsappl
ystosrisksmanagement?
A.sConsequencessmeasuresthesdegreestoswhichsansoccurrencescouldspositivelysorsneg
ativelysaffectsansorganization.
B.sHedgingsissasrisksmanagementsstrategysthatscansreducesthesrisksofscorrelation.
C.sRisksincreasessassvolatilitysdecreases.
D.sLongerstimeshorizonssaresgenerallyslesssriskysthatsshortersones.s-sA
Whichsonesofsthesfollowingsprovidessasmeasuresofsthesmaximumspotentialsdamagesas
sociatedswithsansoccurrence?
,A.sExposure
B.sDuration
C.sUnderwritingsrisk
D.sMaximumsprobableslosss-sA
SamuelswassrecentlyshiredsassasrisksmanagementsprofessionalsforsParkersPropertysM
anagement.sHeshassbeensaskedsbysseniorsmanagementstosreviewsthesorganization'ssc
urrentsinsurancespoliciesstosmakessuresthatsthesorganizationsissadequatelysprotected
,sandsalsosseesifstheresaresanysopportunitiesstossavesonsthespremiums.sSamuelsmustsd
oswhichsonesofsthesfollowingsthroughsinternalscommunicationsbeforesheswillsbesablest
oscompletesthisstask?
A.sDeterminesthesorganization'ssrisksappetite
B.sIdentifysallsofs-sA
Catastrophesssuchsassrecentsearthquakessandsthes2011stsunamisinsJapanspointedsouts
asneedsforsmanysorganizationsstosevaluatesandsmanagestheir
A.sSupply-chainsrisk.
B.sDerivativesrisk.
C.sCompliancesrisk.
D.sPoliticalsrisk.s-sA
Risksmanagementsprofessionalssmustscollaborateswithsdatasanalystssduringswhichst
wosstepssofsthesrisksmanagementsprocess?
A.sTreatsriskssandsmonitorsriskstreatments
B.sScansthesenvironmentsandsanalyzesrisks
C.sAnalyzesriskssandsmonitorsriskstreatments
D.sIdentifysriskssandstreatsriskss-sC
Askingsasquestionssuchsass"Howsdosyousthinksthisswillsworksout?"scanshelpsasspeakers
doswhichsonesofsthesfollowing?
A.sRequestsfeedbacksandsdeterminesifsthesmessageshassbeensunderstood
B.sGainsthessupportsofsexecutivessandsdecisionsmakers
C.sBuildstrustsamongsasdiversesgroupsofsindividuals
D.sDeliversasmessagesthatsrecipientssdon'tswantstoshears-sA
Carla,sthesrisksmanager,swassaskedsbysseniorsmanagementstosdeliversaspresentations
onscybersrisksatsansallsemployeessmeeting.sEvensthoughssheswassonlysallotteds30smin
utessforsherspresentation,sCarlasfeltsthatscybersriskswassasverysrealsrisksforsthescorpor
ationsandssheswantedsemployeesstosleaveswithssomesfearsofsit.sSheswantedstosprovides
employeesswithsassmuchstechnicalsinformationsasspossible,sandsfamiliarizesthemswit
hsallsofsthesimportantsjargon.sLesssthans20sminutessintosherspresentation,sCarlas-sC
Beforesspeakingswithsasgroupsorsindividual,sthesspeakersshouldsthinksaboutswhatshes
orssheswantssthesothersperson(s)stosdosassasresultsofsthesconversation.sWhichsonesofst
hesfollowingsstepssinsthescommunicationsprocesssdoessthesspeakerscompletesbysdoin
gsthis?
,A.sDeliversasmessagesthesrecipient(s)swantstoshear
B.sSetsasidesjudgement
C.sSetsasclearscommunicationsobjective
D.sAnalyzesyoursaudiences-sC
Whichsonesofsthesfollowingsrisksmanagementsobjectivessisscriticalsforsasmanufacturer
sseekingsnewscapitalsfromsinvestors,sstockholders,sandscreditors?
A.sAnticipatesandsrecognizesemergingsrisks
B.sSocialsresponsibility
C.sReducesthesdeterrentseffectssofshazardsrisks
D.sEliminatesdownsidesrisks-sC
Whichsonesofsthesfollowingsdatascapturestoolsshassledstosansexplosionsofsrisksmanage
mentsinnovationsbysallowingssmartsproductsstostransmitsdatastoseachsothersandstosce
ntralshubs?
A.sBlockchain
B.sCloudscomputing
C.sInternetsofsThings
D.sArtificialsintelligences-sC
JeansissthesRisksManagersforsasFortunes1000scompany.sHersCFOshasstaskedsherstosana
lyzesvulnerabilitiessinsthesfirm'sssupplyschain.sThesadequacysofssuppliersstosmeetsans
organization'ssneedsswouldsbesansexamplesofswhichsonesofsthesfollowingstypessofsrisk
?
A.sFinancialsrisk
B.sStrategicsrisk
C.sOperatingsrisk
D.sOperationalsrisks-sD
Ansorganizationsmustsmeetsthesstandardsofscaresthatsitsowesstosotherssinsorderstosens
uresthat
A.sLegalsobligationssaressatisfied.
B.sPost-losssgoalssaresinsplace.
C.sOperationssaresefficient.
D.sContractssaresnotsbreached.s-sA
Accordingstostheslawsofslargesnumbers,sassthesnumbersofsexposuresunitssinsuredsincr
eases,
A.sFewerslossessaresexpectedstosoccur.
B.sThessizesofsthesaverageslosssdeclines.
C.sThesrelativesaccuracysofspredictionssaboutsfutureslossessincreases.
D.sThesprobabilitysofsansunderwritingslosssincreases.s-sC
Riskscansbesclassifiedsassdiversifiablesorsnondiversifiable.sWhichsonesofsthesfollowing
sstatementssisstrueswithsrespectstosthisstypesofsrisksclassification?
, A.sDiversifiablesrisksstendsnotstosbescorrelatedssostheyscansbesmanagedsthroughsdiver
sificationsorsspreadsofsrisk.
B.sSystemicsriskssaresgenerallysdiversifiable.
C.sPrivatesinsurancestendsstosconcentratesonsnondiversifiablesrisks;sgovernmentsinsu
rancesissoftenssuitablesforsdiversifiablesrisks.
D.sInflation,sunemploymentsandsnaturalsdisasterss-sA
Thesfundamentalspurposesofsasrisksmanagementsframeworksissto
A.sMaximizesprofitssforsallsstakeholders.
B.sIntegratesrisksmanagementsthroughoutsthesorganization.
C.sDefinesandseliminatespotentialslosses.
D.sReducesthescostsofsrisk.s-sB
Whichsonesofsthesfollowingsissonesofsthesfivesstepssofsthesrisksmanagementsprocess?
A.sAlignsandsintegrate
B.sEstablishsaccountability
C.sScansenvironment
D.sAllocatesresourcess-sC
Whichsonesofsthesfollowingsbestsexplainsshowsmostssmartsproductsspotentiallysimpro
vesrisksmanagement?
A.sTheysmeasuresworkersfatigue.
B.sTheysscansandsinspectsstructuressforsunsafesconditions.
C.sTheysassesssriskssinsdangeroussareas.
D.sTheysgeneratesbigsdatastoswhichsadvancedsanalyticsscansbesapplied.s-sD
Clear-RitesCompanysspecializessinsthesclean-
upsofshazardousschemicalsspills.sWorkerssperformingsclean-
upsoperationssmustsusessafetyssuitsstospreventsexposurestostheschemicals.sThessuitssi
ncludespulsesandsrespirationsmonitors,sbodystemperaturessensors,sandschemicalssen
sors.sThesmonitorssandssensorssreportsdatastosasmobilesoperationsscenterswhichsissd
eployedstoseachsclean-
upssite.sThespulsesandsrespirationsmonitorssandsthessensorssthatsarespartsofsthesprot
ectivesgearsarescalled
A.sMagnetometers.
Bs-sC
DatasEntrysCompanys(DEC)soffersscustomerssdatasentrysservices.sAscustomerscanshire
sDECstosenterssurveysdatastosbesanalyzed.sManysDECsemployeessspendslongshourssent
eringsdatasonsascomputer.sDECshassexperiencedsnecksstrainsandswristspainscomplaint
ssfromstheirsemployees,sincreasingsthescompany'ssworkersscompensationscosts.sDECsi
nvestigatedsthescomplaintssofsitssdata-
entrysemployees.sDECsadoptedscurvedskeyboardssforsdatasentry,swrist-
restssforsthosesenteringsdata,sandsuniformschairsheightssandsdispls-sD
Whichsonesofsthesfollowingsstatementssaboutsthesusesofsdronessisstrue?
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