WorksheetsRisk Management On-boarding Quiz 2022
Total questions: 12
Worksheet time: 6mins
The following are elements of operational risk except
People
Technology
Processes
External Events
Sysadmin
Which of the following is not an Operational Risk Category
Internal Fraud
Damage to Physical Assets
Business disruption and system failures
External event
Clients, Products & Business Practices
A company can also be exposed to Operational risks at what levels?
Process & Entity
Disruption & Technology
Process & Staff
Disaster & Entity
Execution Failures & Change Management
What are the key elements when describing a risk
Risk Event, Impact and Root Cause
Risk Assessment, Risk Identification and Risk Acceptance
Frequency, Severity and Materiality
Risk Event, Materiality and Root Cause
None of the above
Which of the following is not an impact type
System Downtime
Financial Impact
Legal Impact
Repercussion Impact
Data Impact
How many risk categories do we have in AXA?
17 Categories
24 Categories
7 Categories
77 Categories
3 Categories
Internal Fraud & Intentional unauthorized activities addresses what risk factor?
OP01
OP03
OP02
OP04
OP11
The Frequency Assessment Table can be customized
True
False
In the AXA Risk Grid, how many risk level do we have?
4
5
6
3
7
Internal Control, how many lines of defense do we have?
3
4
2
1
5
Reputation is
Hard to Earn
Easy to Build
Hard to Lose
Difficult to Gain
The Risk Manegement process is the following except
Assess Risk
Identify Risk
Control Risk
Review Control
Mitigate Control
