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Free MORF Exam Braindumps (page: 3)

Page 3 of 36
PDF with 140 Questions

Which explains a use of the risk management policy in the identify context' step?

  1. Identifies changes to the organization's market
  2. Identifies how past events could become sources of risk
  3. Describes how corporate governance will affect the risk management process
  4. Understand the maximum amount of risk that should be taken

Answer(s): D



What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?

  1. Identify
  2. Assess
  3. Plan
  4. Implement

Answer(s): B



Which is NOT a reason for carrying out an `M_o_R health check?

  1. Identify areas for improvement
  2. Help gain maximum value from investment in risk management
  3. Provide a snapshot of the current status of identified risks
  4. Review how well risk management practices have been embedded

Answer(s): C



Which is NOT an action needed to achieve the goal of the 'assess - evaluate' step?

  1. Determine which other risks will occur if a risk occurs
  2. Calculate the total risk exposure for the activity
  3. Evaluate the effectiveness of risk management across the organization
  4. Determine which risks are independent of other risks

Answer(s): C






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