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Management of Risk Foundation (MOR) Questions 31–35 (page: 8)

Updated On: 9-Feb-2026

What are the M_o_R principles informed by?

  1. Statements of internal control
  2. International standard for risk management ISO31000:2009
  3. Public Company Accounting and Reform and Investor Protection Act
  4. Basel Accord (Basel II)

Answer(s): B



Who does a 'risk actionee' keep up to date on progress when implementing a response to a risk?

  1. Senior team
  2. Audit committee
  3. Risk owner
  4. Team

Answer(s): C



Identify the missing word in the following sentence. Applying the 'aligns with objectives' principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

  1. operational
  2. project
  3. programme
  4. strategic

Answer(s): D



Which BEST describes an area of uncertainty at the programme perspective?

  1. Changes to customer requirements for business products
  2. Interdependences between business change initiatives
  3. Ability of the infrastructure to meet the required level of service
  4. Operational activities that may affect the organizational reputation

Answer(s): B



Identify the missing words in the following sentence. Because organizations [ ? ] they need to use the environmental risk management' specialism.

  1. are concerned about stakeholder perceptions
  2. see brand and reputation as key assets
  3. face financial penalties for polluting waterways
  4. fail to deliver minimum standards

Answer(s): C



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