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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

1. Which task will be carried out while performing the 'identify - risks' step?

A) Ensuring that all participants agree on the identified risks
B) Calculating when an identified risk is likely to occur
C) Ranking the importance of the stakeholders involved in the activity
D) Developing an appropriate response to the identified risks

2. What ensures that an organization's implementation of the M_o_R approach' and 'M_o_R process' undergoes frequent improvement to remain effective?

A) Corporate governance
B) Embedding and reviewing
C) Contingency planning
D) Internal controls

3. Which is a primary step within the 'M_o_R process'?

A) Manage
B) Control
C) Embed
D) Assess

4. Which is NOT a use of the 'horizon scanning' technique?

A) Identifying long-term developments that could affect the organization's objectives
B) Facilitating the identification of changes that may affect the organization's risk exposure
C) Conducting a wide scan of the current external environment
D) Assessing how emerging trends could affect the organization's objectives

5. Which is NOT a reason for carrying out an'M_o_R health check?

A) Help gain maximum value from investment in risk management
B) Identify areas for improvement
C) Provide a snapshot of the current status of identified risks
D) Review how well risk management practices have been embedded

Solutions: