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ARM 400 NEWEST 2024 ACTUAL EXAM COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ $16.49
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ARM 400 NEWEST 2024 ACTUAL EXAM COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
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ARM 400 NEWEST 2024 ACTUAL EXAM COMPLETE 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+

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  • 27 augustus 2024
  • 95
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ARM 400 NEWEST 2024 ACTUAL EXAM
COMPLETE 200 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+




When communicating a decision up the organization's chain of
V V V V V V V V



command, consulting with outside experts can help a risk
V V V V V V V V V



management professional do which one of the following?
V V V V V V V V



A. Seek feedback from stakeholders
V V V



B. Stay focused on the organization's objectives
V V V V V



C. Define the organization's risk appetite
V V V V



D. Enhance stakeholders' confidence in the process -
V V V V V V



ANSWER>>D
V




Which of the following risk management program goals is an
V V V V V V V V V



essential goal for all public entities?
V V V V V V



A. Earning stability V



B. Continuity of operations V V



C. Growth
D. Survival - ANSWER>>B V V




The traditional definition of risk management reflects the
V V V V V V V



traditional concept of risk as
V V V V V



A. Both positive and negative.
V V V



B. Negative.
C. Uncontrollable.
D. Strategic. - ANSWER>>B V V




During the past year, International Toys has undertaken four
V V V V V V V V



capital projects. The company has renovated and refurbished
V V V V V V V V



one of its aging warehouse buildings. It has purchased the most
V V V V V V V V V V V

,recent version of its current order processing computer
V V V V V V V V



software. It has added two trucks to its fleet of delivery
V V V V V V V V V V V



vehicles. Lastly, it has purchased a new production machine
V V V V V V V V V



that will allow it to launch a new product line. Which one of
V V V V V V V V V V V V V



the following company projects is the most speculative risk?
V V V V V V V V V



A. The two new trucks
V V V



B. The warehouse refurbishment
V V



C. The software upgrade
V V



D. The new production machine - ANSWER>>D
V V V V V




Which one of the following statements is true regarding the
V V V V V V V V V



basic measures that apply to risk management?
V V V V V V V

,A. Consequences Vmeasure Vthe Vdegree Vto Vwhich Van
occurrence could positively or negatively affect an
V V V V V V V



organization.
V



B. Hedging is a risk management strategy that can reduce the risk
V V V V V V V V V V



of correlation.
V V



C. Risk increases as volatility decreases.
V V V V



D. Longer time horizons are generally less risky that shorter ones.
V V V V V V V V V



- ANSWER>>A
V V




Which one of the following provides a measure of the
V V V V V V V V V



maximum potential damage associated with an occurrence?
V V V V V V V



A. Exposure
B. Duration
C. Underwriting risk V



D. Maximum probable loss - ANSWER>>A V V V V




Samuel was recently hired as a risk management professional
V V V V V V V V



for Parker Property Management. He has been asked by senior
V V V V V V V V V V



management to review the organization's current insurance
V V V V V V V



policies to make sure that the organization is adequately
V V V V V V V V V



protected, and also see if there are any opportunities to save on
V V V V V V V V V V V V



the premiums. Samuel must do which one of the following
V V V V V V V V V V



through internal communication before he will be able to
V V V V V V V V V



complete this task?
V V V



A. Determine the organization's risk appetite V V V V



B. Identify all of the risks that the organization faces
V V V V V V V V



C. Earn the confidence of the organization's board of directors
V V V V V V V V



D. Become familiar with industry regulations - ANSWER>>A
V V V V V V




Catastrophes such as recent earthquakes and the 2011 tsunami
V V V V V V V V



in Japan pointed out a need for many organizations to evaluate
V V V V V V V V V V V



and manage their
V V V



A. Supply-chain risk. V



B. Derivative risk. V

, C. Compliance Vrisk.
D. Political Vrisk. V- VANSWER>>A


Risk management professionals must collaborate with data
V V V V V V



analysts during which two steps of the risk management
V V V V V V V V V



process?
V



A. Treat risks and monitor risk treatments
V V V V V



B. Scan the environment and analyze risks
V V V V V



C. Analyze risks and monitor risk treatments
V V V V V



D. Identify risks and treat risks - ANSWER>>C
V V V V V V




Asking a question such as "How do you think this will work
V V V V V V V V V V V



out?" can help a speaker do which one of the following?
V V V V V V V V V V V



A. Request feedback and determine if the message has been
V V V V V V V V



understood
V



B. Gain the support of executives and decision makers
V V V V V V V



C. Build trust among a diverse group of individuals
V V V V V V V



D. Deliver a message that recipients don't want to hear -
V V V V V V V V V



ANSWER>>A
V

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