Risk Management Quiz

Risk Management Quiz

12th Grade

14 Qs

quiz-placeholder

Similar activities

The Microenvironment Pt 2

The Microenvironment Pt 2

10th - 12th Grade

12 Qs

Operating Lease - Lessor

Operating Lease - Lessor

University

10 Qs

Consignment Accounts

Consignment Accounts

11th Grade - University

12 Qs

2.1 Introduction to HRM

2.1 Introduction to HRM

12th Grade

10 Qs

Enterprise Applications

Enterprise Applications

University

15 Qs

WORK ETHIC

WORK ETHIC

University

10 Qs

Fixed and working capital

Fixed and working capital

12th Grade

12 Qs

Quiz Management Accounting

Quiz Management Accounting

University

10 Qs

Risk Management Quiz

Risk Management Quiz

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

Saibah Nusaibah

Used 39+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the most widely recognized risk management standard?

British Standard BS 31100

ISO 31000

COSO ERM Cube

IRM Standard

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which framework was replaced by ISO 31000?

COSO ERM Cube

Australian Standard AS 4360

IRM Standard

British Standard BS 31100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the acronym RASP stand for in risk management context?

Risk Architecture Strategy Protocols

Risk Assessment Strategy Protocols

Risk Analysis Strategy Procedures

Risk Assessment Strategy Procedures

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a component of the COSO ERM Cube?

Monitoring

Risk Response

Risk Identification

Control Activities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of Enterprise Risk Management (ERM)?

Managing opportunities and hazards

Evaluating financial risks only

Focusing solely on compliance risks

Managing individual risks separately

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which principle of ISO 31000 emphasizes the need for stakeholder involvement?

Risk management is integral to all activities

Risk management is continually improved

Structured and comprehensive approach is required

Appropriate and timely involvement of stakeholders

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the COSO ERM Cube emphasize about risk management?

It focuses only on financial risks

It is a static framework

It is a multidirectional, iterative process

It is a linear process

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?