Free Practice GAQM ISO-31000-CLA Exam Questions 2025

Stay ahead with 100% Free ISO 31000 - Certified Lead Risk Manager ISO-31000-CLA Dumps Practice Questions

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Total 100 Questions | Updated On: Jun 04, 2025

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Question 1

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

A : Scenario Based

B : Objectives-Based

Answer: A

Question 2

After validating the training curricula, a risk management professional

A : develops training.

B : develops and schedules training.

C : matches training to audience.

D : schedules and conducts training.

Answer: D

Question 3

ISO uses the concept of uncertainty as the driver and rationale for risk management.

A : True

B : False

Answer: A

Question 4

How does a pure risk differ from a speculative risk?

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

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

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

D : A 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 04, 2025

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