How much do you know about Enterprise Risk Management?
/10
What is the accepted international risk management standard?
ISO31000
ISO21101
ISO21500
/10
Typically the 3rd line of assurance is?
The legal advisors
The risk management function
Internal audit
/10
Which of the following stages of the risk management process come first?
Risk analysis
Risk response
Risk identification
/10
Which risk identification technique involves sending questionnaires to reach a group consensus?
Delphi method
Brainstorming
SWOT analysis
/10
What does PESTLE stand for?
People, Environment, Scientific, Technical, Legal, Economic
Political, Economic, Social, Technological, Legal, Environmental
Project, Enterprise, Strategic, Tactical, Loss, Exposure
/10
Which risk response strategy involves sharing the risk with another party?
Risk acceptance
Risk transfer
Risk avoidance
/10
Which of the following is an example of an external risk?
Political instability
Employee fraud
IT system failure
/10
What does an organisation’s ‘risk appetite’ refer to?
The maximum amount of risk it can be exposed to
The amount of risk it is currently exposed to
Its willingness to take risks
/10
The UN’s sustainable development goals are most relevant to who?
Business continuity manager
ESG manager
Internal auditor
/10
Which of the following is NOT a method of business continuity testing?
SWOT analysis
Tabletop exercise
Scenario planning
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