Laura Robinson
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Quiz on Operational Risk Management Process , created by Laura Robinson on 02/10/2018.

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Laura Robinson
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Operational Risk Management Process

Question 1 of 3

1

What comes after the Identification stage of the risk management process?

Select one of the following:

  • Risk Monitoring

  • Risk Reporting

  • Risk Measurement

  • Risk Response

Explanation

Question 2 of 3

1

What is the first step of the Risk Management Process?

Select one of the following:

  • Operational Risk Policy

  • Risk Reporting

  • Risk Monitoring

  • Risk Identification

Explanation

Question 3 of 3

1

What is the purpose of risk management?

Select one of the following:

  • To eliminate all risk

  • Bring awareness to any risks

  • To avoid risks

  • To reduce the likelihood

Explanation