Free GAQM ISO-31000-CLA Exam Questions

Become GAQM Certified with updated ISO-31000-CLA exam questions and correct answers

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Total 100 Questions | Updated On: Jun 06, 2025

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Question 1

Which risk identification involves creating alternative ways to achieve an objective?

A : enario Based

B : jectives-Based

Answer: A

Question 2

After validating the training curricula, a risk management professional

A : velops training.

B : velops and schedules training.

C : tches training to audience.

D : hedules and conducts training.

Answer: D

Question 3

Which of the following documents information are relevant to the organization’s risk management framework, process, and system?

A : porting and auditing

B : cording and reporting

C : ualizing and conceptualizing

D : tionalizing and reporting

Answer: B

Question 4

How does a pure risk differ from a speculative risk?

A : pure risk always has an environmental cause whereas a speculative risk always involves human error.

B : pure risk can be measured in probability terms whereas a speculative risk cannot.

C : pure risk is not subject to regulatory control but a speculative risk always is.

D : pure risk only leads to the possibility of a loss, whereas a speculative risk may lead to a gain.

Answer: D

Question 5

Using the FIRM scorecard which of the following risks could a risk manager quantify? 1. Loss of income. 2. Financial gain. 3. Reputational damage.

A : 1 and 2.

B : 1 and 3.

C : 2 and 3.

Answer: A

Page: 1 / 20

Total 100 Questions | Updated On: Jun 06, 2025

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