GARP SCR EXAM SET
GARP SCR EXAM SET WITH GUARANTEED ACCURATE ANSWERS
Governance and Culture - ACCURATE ANSWERS✔✔ Exercise board
risk oversite
Establish operating procedures
define desired culture
Demonstrate commitment to core values
Attracts, develops and retains capable individuals
Strategy and Objective-setting - ACCURATE ANSWERS✔✔ Analyze
business context
Define risk appetite
Evaluate alternative strategies
Formulate business objectives
, Performance - ACCURATE ANSWERS✔✔ Identify risk
Assess severity of risk
Prioritize risk
Implement risk response
Develops portfolio view
Review and Revision - ACCURATE ANSWERS✔✔ Assess substantial
change
Review risk and performance
Pursues improvement in ERM
Information, communication, and reporting - ACCURATE
ANSWERS✔✔ leverage information and technology
Communicate risk information
Report on risk, culture, and performance
Scenario analysis - ACCURATE ANSWERS✔✔ A tool to enhance
critical strategic thinking
Should challenge conventional wisdom about the future
Explore alternatives to BAU scenarios
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