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Free ISO-31000-CLA – ISO 31000 - Certified Lead Risk Manager Practice Test Question

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Showing 4–6 of 10 questions

Question 4

Which of the following are two ISO 31000:2018 risk management principles? (Choose two)

Select all that apply, then click Submit answer.

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    Integrated
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    Customized
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    Functional
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    Statistical
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    Design
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    Strategy
Question 5

Which of the following are Critical Elements of a Risk Management Framework? (choose four)

Select all that apply, then click Submit answer.

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    Architect the system
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    Design the system
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    Strategize the system
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    Implement the system
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    Assure the system
  • ○

    Organize the system
Question 6

What is a primary benefit of a commercial customer self-insuring a risk?

Select an option, then click Submit answer.

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    Claims costs will reduce
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    Controllability of risk will increase
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    Its short-term cash-flow position is likely to improve.
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    Staff training requirements will decrease.