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The ISO-31000-CLA certification exam is a computer-based, multiple-choice exam that consists of 100 questions. Candidates have 3 hours to complete the exam, and a passing score of 60% is required to earn the certification. The exam is available in multiple languages, including English, French, Spanish, and Chinese, making it accessible to a global audience.
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The GAQM ISO-31000-CLA certification exam is an internationally recognized certification that is highly valued by employers. The certification is designed to provide professionals with the knowledge and skills required to manage risks effectively. The exam is conducted online and consists of 100 multiple-choice questions. The duration of the exam is three hours and candidates must score at least 70% to pass. The certification is valid for three years and can be renewed by retaking the exam or earning continuing education credits.
GAQM ISO 31000 - Certified Lead Risk Manager Sample Questions (Q13-Q18):
NEW QUESTION # 13
A broker is undertaking a business interruption review on behalf of a client. This would most commonly include an evaluation of the
- A. effectiveness of risk reserving.
- B. level of risk tolerance.
- C. effectiveness of a business continuity plan.
- D. level of self insurance.
Answer: C
Explanation:
Explanation
A business interruption review is an evaluation of the effectiveness of a business continuity plan, which is a set of procedures and resources to ensure that an organisation can continue its critical functions in the event of a disruption12.
NEW QUESTION # 14
The accuracy and reliability of the risk assessment should be identified as clearly as possible.
- A. True
- B. False
Answer: A
Explanation:
Explanation
The accuracy and reliability of the risk assessment should be identified as clearly as possible1. This helps to communicate the level of confidence in the risk assessment results and to inform decision-making.
NEW QUESTION # 15
Uncertainties may involve: (Choose two)
- A. The processed to know upcoming security issues
- B. Appointing security analyst
- C. Differing abilities among risk analysts
- D. The process used to conduct the risk analysis
Answer: C,D
Explanation:
Explanation
Uncertainties may involve the process used to conduct the risk analysis and differing abilities among risk analysts. These are examples of factors that can affect the quality and reliability of risk assessment1.
NEW QUESTION # 16
ISO uses the concept of uncertainty as the driver and rationale for risk management.
- A. True
- B. False
Answer: A
Explanation:
Explanation
ISO uses the concept of uncertainty as the driver and rationale for risk management. Uncertainty refers to the state of having incomplete knowledge or understanding about something that can affect an organization's objectives.
NEW QUESTION # 17
Enhanced risk management emphasizes the continual improvement of risk management capabilities.
- A. True
- B. False
Answer: A
Explanation:
Explanation
Enhanced risk management emphasizes the continual improvement of risk management capabilities1. This means that risk management is regularly reviewed and updated to ensure its relevance, adequacy, and effectiveness.
NEW QUESTION # 18
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