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CIPS Exam L5M2 Topic 1 Question 29 Discussion

Actual exam question for CIPS's L5M2 exam
Question #: 29
Topic #: 1
[All L5M2 Questions]

Which of the following is a method for approaching risks?

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Suggested Answer: A

The correct answers are as follows:

Nothing can be done to change this risk (you can't stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.


Contribute your Thoughts:

Paulina
13 days ago
I'm not sure, but I think it's between A) tolerate and D) take out. Tolerating risks can be a valid approach, but sometimes it's better to remove the risk altogether.
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Flo
18 days ago
I agree with Douglass, because tolerating risks means accepting them without taking any action.
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Douglass
21 days ago
I think the answer is A) tolerate.
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