Practice ISO-31000-CLA Exam Online

Question 1

How does a pure risk differ from a speculative risk?

A : A pure risk always has an environmental cause whereas a speculative risk always involves human error.

B : A pure risk can be measured in probability terms whereas a speculative risk cannot.

C : A pure risk is not subject to regulatory control but a speculative risk always is.

D : A pure risk only leads to the possibility of a loss, whereas a speculative risk may lead to a gain.

Answer: D

Question 2

ISO uses the concept of uncertainty as the driver and rationale for risk management.

A : True

B : False

Answer: A

Question 3

Which management ensures that value is created by identifying opportunities for investment, mergers, or acquisition.

A : Risk

B : Quality

C : Crisis

D : Safety

Answer: A

Question 4

After validating the training curricula, a risk management professional

A : develops training.

B : develops and schedules training.

C : matches training to audience.

D : schedules and conducts training.

Answer: D

Question 5

Using the FIRM scorecard which of the following risks could a risk manager quantify? 1. Loss of income. 2. Financial gain. 3. Reputational damage.

A : 1 and 2.

B : 1 and 3.

C : 2 and 3.

Answer: A

Name:	ISO 31000 - Certified Lead Risk Manager
Exam Code:	ISO-31000-CLA
Certification:	GAQM ISO
Vendor:	GAQM
Total Questions:	100
Last Updated:	Apr 25, 2024

GAQM ISO-31000-CLA