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8020 Practice Questions

ORM Certificate - 2023 Update Exam Practice Test


Total 12 Pages
Total 60 Questions

8020 Practice Questions

Question# 1

What are the roles of business versus risk management in developing and implementing risk assessments?
Choose the Choices:


Question# 2

When a control is found to be ineffective, which of the following steps should be take next?
Choose the Choices:


Question# 3

How can a chief risk officer encourage the governing body and executive management team to create a stronger risk culture?
Choose the Choices:


Question# 4

How should Near Misses and Opportunity Costs be treated within Operational Risk?
Choose the Choices:


Question# 5

Ideally, which of the following should be completed as part of the risk assessments of service providers?
Choose the Choices:


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