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Vce GAQM ISO-31000-CLA Format, ISO-31000-CLA New Dumps Free

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GAQM ISO-31000-CLA (ISO 31000 – Certified Lead Risk Manager) Certification Exam is an internationally recognized certification that validates the candidate’s knowledge and expertise in risk management. ISO 31000 – Certified Lead Risk Manager certification is designed for professionals who are responsible for managing risks in their organizations and want to demonstrate their proficiency in this field. By earning this certification, candidates can enhance their career prospects and demonstrate their commitment to excellence in risk management.

The ISO-31000-CLA certification exam is aimed at professionals who have a thorough understanding of risk management principles and practices and are responsible for managing risks within their organizations. ISO-31000-CLA exam evaluates the candidate’s ability to lead and implement risk management processes, design risk management frameworks, and assess and mitigate risks that can impact an organization’s objectives.

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ISO-31000-CLA New Dumps Free – Reliable ISO-31000-CLA Test Materials

The companies do not want to lose them and they offer a good package to convince the candidate to become a part of their organization. So, to fit in the game, you must go for the BraindumpsPass GAQM ISO-31000-CLA Practice Exam that will show you where you stand and how hard you need to work to get the ISO 31000 – Certified Lead Risk Manager (ISO-31000-CLA) certification exam.

The ISO-31000-CLA certification exam comprises 150 multiple-choice questions that must be completed within a duration of 3 hours. ISO-31000-CLA exam is conducted in a proctored environment, and candidates must score a minimum of 70% to pass the exam. ISO-31000-CLA exam covers various topics such as risk principles and framework, risk assessment, risk treatment, risk communication, and risk monitoring.

GAQM ISO 31000 – Certified Lead Risk Manager Sample Questions (Q14-Q19):

NEW QUESTION # 14
Risk management is a strategic management process.

  • A. True
  • B. False

Answer: A

Explanation:
Explanation
Risk management is a strategic management process . Risk management helps organizations to align their objectives, strategies, and actions with their external and internal environment.

NEW QUESTION # 15
Understanding the potential causes of risk events will primarily help an organisation to

  • A. eliminate all risks
  • B. improve internal audit procedures.
  • C. comply with corporate governance standards.
  • D. reduce the frequency of loss.

Answer: D

Explanation:
Explanation
Understanding the potential causes of risk events will primarily help an organisation to reduce the frequency of loss. This is because identifying and analysing the sources and drivers of risks can enable an organisation to implement preventive or mitigating measures.

NEW QUESTION # 16
New definition of risk under ISO 31000 and 31010 is:

  • A. Possibility of investment loss
  • B. Danger that injury, damage, or loss will occur
  • C. Probability of an event that will have an impact on objectives
  • D. Probability of loss to an insurer

Answer: C

Explanation:
Explanation
According to ISO/IEC Guide73 (2009), clause 1., risk is defined as “the effect of uncertainty on objectives”.
This definition applies to both ISO/IEC Guide73 (2009) and ISO31000 (2018), which are standards for risk management terminology and principles respectively.

NEW QUESTION # 17
A systemic risk involves:

  • A. A risk that all of the current suppliers of an organization’s inputs will be unable to produce the inputs
  • B. A risk that loss in one area of an organization may cause loss in another area of the organization
  • C. A risk that an event will cause multiple key people in an organization to leave at once
  • D. A potential major disruption in the function of an entire market or financial system

Answer: D

Explanation:
Explanation
According to 1, systemic risk is “the possibility that an event at the company level could trigger severe instability or collapse an entire industry or economy”. It is different from other types of risks that affect only specific parts or aspects of an organization

NEW QUESTION # 18
A large manufacturing organisation has renewed an insurance policy and has accepted a significant increase in the policy deductible. What is this most likely to indicate?

  • A. Decreased risk tolerance.
  • B. Increased risk retention.
  • C. Increased risk elimination.
  • D. Decreased risk avoidance.

Answer: B

Explanation:
Explanation
A large manufacturing organisation has renewed an insurance policy and has accepted a significant increase in the policy deductible. This is most likely to indicate increased risk retention, which means accepting more responsibility for potential losses5. This could be done to reduce insurance premiums or increase control over claims.

NEW QUESTION # 19
……

ISO-31000-CLA New Dumps Free: https://www.braindumpspass.com/GAQM/ISO-31000-CLA-practice-exam-dumps.html

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