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  • Exam Name: ISO 31000 - Certified Lead Risk Manager
  • Last Update: 23-Apr-2024
  • Questions and Answers: 100
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ISO-31000-CLA Questions and Answers

Question # 1

Which element is often the biggest challenge in risk implementation?

A.

human

B.

computation

Question # 2

Risk management is tailored.

A.

True

B.

False

Question # 3

Treatment plan becomes a living document of defining the direction of the risk treatment and being able to monitor progress against the plan.

A.

True

B.

False

Question # 4

Which of the following ensures that uncertainty is managed so the organization can meet its objectives?

A.

Extended risk management

B.

Enhanced risk management

C.

Evasive risk management

D.

Avoidance risk management

Question # 5

From the three actions Tom Brown is undertaking, which is categorised as a pure risk?

A.

Buying 100 lottery tickets

B.

Selling his house even though he receives less than he paid for it because he thinks prices will fall further.

C.

Going horse riding without wearing a riding helmet.

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