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 17, 2026

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Question 1

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 2

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

Question 3

Which management ensures that value is created by identifying opportunities for investment, mergers, or acquisition.

A : k

B : ality

C : isis

D : fety

Answer: A

Question 4

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

A : enario Based

B : jectives-Based

Answer: A

Question 5

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

Page: 1 / 20

Total 100 Questions | Updated On: Jun 17, 2026

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