FRM: Foundations Of Risk Management MCQs
FRM: Foundations Of Risk Management MCQs
The following FRM: Foundations Of Risk Management MCQs have been compiled by our experts through research, in order to test your knowledge of the subject of FRM: Foundations Of Risk Management. We encourage you to answer these multiple-choice questions to assess your proficiency.
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1: _____ risks refer to those that are direct results of implementing risk responses
A. Architectural
B. Primary
C. Residual
D. Secondary
2: A _____ is a tool used in risk management.
A. Probability matrice
B. Work breakdown structure
C. Critical path analysis
D. Project organizational chart
3: A ________ involves balancing three critical factors: requirements, cost, and time.
A. Critical path
B. Test plan
C. Work breakdown structure (WBS)
D. Trade-off
4: A serious risk associated with outsourcing is _________.
A. A secure computing environment
B. Lose economies of scale
C. Obtaining reliable network and Internet connections
D. Loss of control
5: An outline reduces a __________ to __________.
A. Center on the suffering of a tragic hero or heroine
B. Ismene will not help Antigone bury Polyneices.
C. Large amount of information . . . the essentials
D. The messenger tells of the tragic events
6: It is important for your group to develop a ___________ of viable options.
A. Lot
B. Bunch
C. List
D. Variety
7: The first step in developing an it security plan is to ________.
A. Determine needs
B. Assess the current state of the company's security
C. Create comprehensive security
D. Prioritize security projects
8: As the risk of a stock investment increases, investors' ________.
A. Required rate of return will increase
B. Required rate of return will decrease
C. Return will increase
D. Return will decrease
9: With a(n) ____, you perform an action or task, and then you perform the next action, in order.
A. Validate data
B. Sequence structure
C. Truth tables
D. Parenthesis
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FRM: Foundations Of Risk Management MCQs
