Curious about Actual GAQM ISO Certifications (ISO-31000-CLA) Exam Questions?

Here are sample GAQM ISO 31000 - Certified Lead Risk Manager (ISO-31000-CLA) Exam questions from real exam. You can get more GAQM ISO Certifications (ISO-31000-CLA) Exam premium practice questions at TestInsights.

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Total 100 questions
Question 1

Enhanced risk management emphasizes the continual improvement of risk management capabilities.


Correct : A

Enhanced risk management emphasizes the continual improvement of risk management capabilities1. This means that risk management is regularly reviewed and updated to ensure its relevance, adequacy, and effectiveness.


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Question 2

Which of the following significant risks of reporting are outside the risk appetite of the organization and can impact compliance, which may also be reportable to regulatory agencies? (Choose two)


Correct : A, C

External and internal risks are significant risks of reporting that are outside the risk appetite of the organization and can impact compliance, which may also be reportable to regulatory agencies1. These risks may arise from external factors such as market changes, natural disasters, or cyberattacks, or internal factors such as human errors, fraud, or system failures.


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Question 3

Uncertainty leads to a changing context


Correct : A

Uncertainty leads to a changing context2. This means that uncertainty creates variability in outcomes and expectations, which may affect the objectives and scope of risk management.


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Question 4

Which of the following is an important aspect with stakeholders, customers, and interested parties is the essential element for maintaining the relevance of enhanced risk management within the structure of a changing context?


Correct : B

Communication with stakeholders, customers, and interested parties is an essential element for maintaining the relevance of enhanced risk management within the structure of a changing context3. Communication helps to establish trust, transparency, accountability, and feedback mechanisms for risk management.


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Question 5

Which of the following ensures that uncertainty is managed so the organization can meet its objectives?


Correct : B

Enhanced risk management ensures that uncertainty is managed so the organization can meet its objectives4. Enhanced risk management involves applying a systematic and logical process to identify, analyze, evaluate, treat, monitor, review, and communicate risks.


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Total 100 questions