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EXIN Management of Risk Foundation Sample Questions:

1. Which is NOT a use of the 'SWOT analysis' technique?

A) Identify long-term developments that could affect the organization's objectives
B) Provide an internal and external environmental analysis when used with other techniques
C) Create an understanding of a current market position
D) Identify external factors that may have an effect on the organization's objectives

2. Which information does the 'PESTLE analysis' technique help to discover?

A) Identification of who should communicate with key stakeholders involved in an activity
B) Risks identified on previous similar activities
C) External factors that may have an impact on an activity
D) Future developments that are at the margins of current thinking and planning

3. Which perspective ensures risk management maintains a view of the adequacy of controls that support service delivery to satisfy the fits the context principle?

A) Strategic
B) Programme
C) Project
D) Operational

4. What step is used to determine those risks which have the greatest effect on the objectives of a planned activity?

A) Assess
B) Identify
C) Implement
D) Plan

5. What are the M_o_R principles informed by?

A) Basel II
B) Statement of internal control
C) M_o_R approach
D) Corporate governance principles

Solutions: