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[Show more]ERM (Enterprise Risk Management) Exam 1 Questions & Answers 2024 
 
 
benefits of ERM in anticipating and responding to risks - ANSWERS1. anticipate and recognize emerging risks 
2. identify and manage cross-enterprise risks 
3. minimize threats to achieving organizational goals 
4. enhance risk-res...
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benefits of ERM in anticipating and responding to risks - ANSWERS1. anticipate and recognize emerging risks 
2. identify and manage cross-enterprise risks 
3. minimize threats to achieving organizational goals 
4. enhance risk-res...
ERM Exam 1 Study Exam Questions & Answers 2024/2025 
 
 
Certainty - ANSWERSAlready know the outcome. Ex. we know what the weather was yesterday 
 
Uncertainty - ANSWERSDon't know the outcome yet, different outcomes are possible. Ex. don't know the outcome of the next presidential election, the st...
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Add to cartERM Exam 1 Study Exam Questions & Answers 2024/2025 
 
 
Certainty - ANSWERSAlready know the outcome. Ex. we know what the weather was yesterday 
 
Uncertainty - ANSWERSDon't know the outcome yet, different outcomes are possible. Ex. don't know the outcome of the next presidential election, the st...
ERM Exam 1 Prep Questions & Answers 2024/2025 
 
 
hypothesis - ANSWERS"A hypothesis is an educated guess, it is educated in the sense that it's informed by prior research or experience. It is a guess in the sense that it could turn out to be true or false, depending on the evidence" (Howard, 18)...
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Add to cartERM Exam 1 Prep Questions & Answers 2024/2025 
 
 
hypothesis - ANSWERS"A hypothesis is an educated guess, it is educated in the sense that it's informed by prior research or experience. It is a guess in the sense that it could turn out to be true or false, depending on the evidence" (Howard, 18)...
ERM B1 M2 (Enterprise Risk Management) Exam Questions 2024
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ERM exam 2 questions & answers 2024/2025 
 
 
A project is worth doing if the present worth is 
a. less than zero 
b. equal to zero 
c. greater than zero - ANSWERSc. greater than zero 
 
Which of the following has the lowest current cost? 
a. build for all anticipated future needs 
b. build only for...
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Add to cartERM exam 2 questions & answers 2024/2025 
 
 
A project is worth doing if the present worth is 
a. less than zero 
b. equal to zero 
c. greater than zero - ANSWERSc. greater than zero 
 
Which of the following has the lowest current cost? 
a. build for all anticipated future needs 
b. build only for...
ERM Exam 1 Grade A+ Questions & Answers 2024/2025 
 
 
Ontology - ANSWERSBranch of philosophy dealing with the nature of reality 
What is existence? What is the nature of existence? 
 
Epistemology - ANSWERSPhilosophical study of the nature, origin, and limits of human knowledge,Branch of philosophy...
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Add to cartERM Exam 1 Grade A+ Questions & Answers 2024/2025 
 
 
Ontology - ANSWERSBranch of philosophy dealing with the nature of reality 
What is existence? What is the nature of existence? 
 
Epistemology - ANSWERSPhilosophical study of the nature, origin, and limits of human knowledge,Branch of philosophy...
ERM Accounting Exam Questions & Answers 2024/2025 
 
 
Description of ERM - ANSWERSProcess, effected by an entity's board of directors, management, and other perssonel, applied in strategy settings and across the enterprise, designed to 
- identify potential events that may affect the entity 
- ass...
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Add to cartERM Accounting Exam Questions & Answers 2024/2025 
 
 
Description of ERM - ANSWERSProcess, effected by an entity's board of directors, management, and other perssonel, applied in strategy settings and across the enterprise, designed to 
- identify potential events that may affect the entity 
- ass...
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Add to cartERM COSO Exam Questions & Answers 2024/2025
ERM Ch 4 Test 2 Practice Questions & Answers 2024/2025 
 
 
Hold-harmless agreements are 
Select one: 
A. Comprised of two parties—the indemnitor and the indemnitee. 
B. Enforceable without legal consideration. 
C. Highly regulated. 
D. Standardized. - ANSWERSA. Comprised of two parties—the inde...
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Add to cartERM Ch 4 Test 2 Practice Questions & Answers 2024/2025 
 
 
Hold-harmless agreements are 
Select one: 
A. Comprised of two parties—the indemnitor and the indemnitee. 
B. Enforceable without legal consideration. 
C. Highly regulated. 
D. Standardized. - ANSWERSA. Comprised of two parties—the inde...
ERM 57 Ch 1 Exam Questions & Answers 2024/2025
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ERM Exam 1 Ch 2 Questions & Answers 2024/2025
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ERM 450 Final Exam Questions & Answers 2024/2025 
 
 
Section 404 of Federal Water Pollution Control Act - ANSWERSEstablishment of permit system to regulate "discharge of dredged and fill materials" into "waters of the U.S." 
 
Executive Order 11988: Floodplain Management 
Executive Order 11990:...
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Add to cartERM 450 Final Exam Questions & Answers 2024/2025 
 
 
Section 404 of Federal Water Pollution Control Act - ANSWERSEstablishment of permit system to regulate "discharge of dredged and fill materials" into "waters of the U.S." 
 
Executive Order 11988: Floodplain Management 
Executive Order 11990:...
ERM 353 Test 1 Questions & Answers 2024/2025 
 
 
Who is Dylan William? - ANSWERSInterested in formative assessment 
one of the world's foremost education authorities 
Co-author of inside the Black Box 
 
What are Darling-Hammond's main critiques of U.S. educational testing? - ANSWERS- predict ver...
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Add to cartERM 353 Test 1 Questions & Answers 2024/2025 
 
 
Who is Dylan William? - ANSWERSInterested in formative assessment 
one of the world's foremost education authorities 
Co-author of inside the Black Box 
 
What are Darling-Hammond's main critiques of U.S. educational testing? - ANSWERS- predict ver...
ERM 2024 Exam Questions & Answers 100% CORRECT
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2024 ERM Final Exam Questions & Answers 100% CORRECT 
 
 
The relationship between loss exposure and residual uncertainty is - ANSWERSthe loss is factored into the exposure 
 
What are firms trying to do with risk management - ANSWERSminimize cost of risk and mazimize shareholder wealth 
 
What is p...
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Add to cart2024 ERM Final Exam Questions & Answers 100% CORRECT 
 
 
The relationship between loss exposure and residual uncertainty is - ANSWERSthe loss is factored into the exposure 
 
What are firms trying to do with risk management - ANSWERSminimize cost of risk and mazimize shareholder wealth 
 
What is p...
ERM 430 Exam Questions & Answers 2024/2025 
 
 
Air - ANSWERStasteless, odorless, and invisible mixture of gases that surrounds the earth 
 
% Nitrogen in air - ANSWERS78 
 
% Oxygen in air - ANSWERS21 
 
% Carbon Dioxide in air - ANSWERS0.03 
 
% Argon (inert) in air - ANSWERS< 1 
 
Gas in air -...
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Add to cartERM 430 Exam Questions & Answers 2024/2025 
 
 
Air - ANSWERStasteless, odorless, and invisible mixture of gases that surrounds the earth 
 
% Nitrogen in air - ANSWERS78 
 
% Oxygen in air - ANSWERS21 
 
% Carbon Dioxide in air - ANSWERS0.03 
 
% Argon (inert) in air - ANSWERS< 1 
 
Gas in air -...
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