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Certified Associate Business Analyst Questions 151–155 (page: 32)

Updated On: 9-Feb-2026

The process that examines risks to determine how likely they are to occur and how severely they will impact the organization if they do occur is:

  1. Risk Mitigation
  2. Risk Assessment
  3. Risk Appetite
  4. Risk Response

Answer(s): B



'Quality is Job One'. This statement could be an example of a ______.

  1. Mission
  2. Vision
  3. Objective
  4. Goal

Answer(s): B



Who is involved in developing the Vision Statement?

  1. Senior Management
  2. Executive Management and the Board of Directors
  3. Line Manager
  4. Middle Manager

Answer(s): B



Mission Statements are focused on the future and provide a road map for change.

  1. True
  2. False

Answer(s): A



Goals have the following characteristics, EXCEPT:

  1. Action Oriented Wording
  2. Measurable Results
  3. Achievable Fast
  4. Time Oriented

Answer(s): C



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