ISO-31000-CLA ISO 31000 - Certified Lead Risk Manager

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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)

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  • Integrated

  • Customized

  • Functional

  • Statistical

  • Design

  • Strategy

Question 5

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

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  • Architect the system

  • Design the system

  • Strategize the system

  • Implement the system

  • Assure the system

  • Organize the system

Question 6

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

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  • Claims costs will reduce

  • Controllability of risk will increase

  • Its short-term cash-flow position is likely to improve.

  • Staff training requirements will decrease.