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RSK2601 MCQ EXAM PACK 2024
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lOMoAR cPSD| 4691990 Rsk2601 Mcq's - these are multiple choicequestions of the entire course
ENTERPRISE RISK MANAGEMENT
, lOMoAR cPSD| 46919909
RSK2601 – E-tutor MCQs
Exam Revision multiple choice questions
Question 1:
During stage 2 in the ERM process, which of the following process activities need to be conducted:
a) Facilitation.
b) Risk and opportunity identification.
c) Clarifying the business objectives.
d) Performing a GAP analysis.
Choose the correct option
1. all of the above
2. a, b, c
3. b, c, d
4. a, b, d
Question 2:
If there is a 100% chance of a business meeting the monthly target sales, the probability of that event will be:
1. 0
2. 1
3. 2
4. 10
Question 3:
When a business wants to remove risk, which of the following questions must be applied?
1. Is the originsl business objectives satisfied?
2. Has the risk be limited?
3. Has the correct controls be implemented?.
4. Is the likelihood of the risk spreading?
Question 4:
Which of the following are primary mechanisms used for the “monitoring and review” stage:
a) Meeting agendas.
b) Executing risk response actions.
c) Proformas.
d) Hedging opportunities.
Choose the correct option
1. a, b
2. a, c
3. a,b,c
4. all of the above
Question 5:
Which of the following is an example of a Key Performance Indicator (KPI)?
1. Employees having a signed agreement in place detailing the tasks that he must perform to obtain a year
end bonus.
2. Measuring the number of customer complaints in a business within a specific month.
3. Establishing corporate and business strategies.
4. Being able to measure credit risk that the customer will not pay.
Question 6:
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