RIMS-CRMP Test - A. financial stability of an organization B. or...

RIMS-CRMP Test

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RIMS-CRMP Test

• A business model is a set of assumptions about the
• financial stability of an organization
• organizational structure of a business
• products and services past performance
• way an organization creates value

Answer: D. way an organization creates value

• What two analytical tools are particularly useful in analyzing the business model?

• Key performance indicators and total cost of risk
• Key risk indicators and gap analysis
• Pareto analysis and root cause analysis
• Value chain analysis and benchmarking

Answer: D. Value chain analysis and bench- marking

• Risk management professionals conduct supply-chain analyses to identify

.

• contingent business interruption coverage
• customer technology needs
• international regulatory requirements
• potential vulnerabilities to the organization

Answer: D. potential vulnerabilities to the organization

• Which activity does the risk management professional perform immediately after obtaining

internal and external information about the organization?

• analyze the information
• organize the information
• prioritize the information
• report the information

Answer: B. organize the information

• Which risk identification and analysis technique should a risk management professional use

in order to gather information from multiple departments in a brainstorming session that helps to identify shared risks within an organization?

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