CIPS Exam L5M2 Topic 5 Question 49 Discussion

Actual exam question for CIPS's L5M2 exam

Question #: 49
Topic #: 5

[All L5M2 Questions]

ISO 31000 is built on 11 guiding principles. Identify THREE of these.

ARisk management can create value

BRisk Management should take into account company culture

CRisk Management should address uncertainty faced by the organisation

DRisk Management should be done annually

ERisk Management should include only the Departments affected by risk

Show Suggested Answer

Suggested Answer: A

The correct answers are as follows:

CSR= Corporate Social Responsibility

by Gracia at Dec 09, 2024, 05:41 PM

Limited Time Offer

25%

Off

Get Premium L5M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Dana

28 days ago

Risk management done annually? That's like cleaning your house once a year. A, B, and C are the real principles.

upvoted 0 times

...

Josephine

30 days ago

Haha, annual risk management? What is this, a corporate comedy show? A, B, and C for sure.

upvoted 0 times

...

Boris

1 months ago

Definitely A, B, and C. D and E don't sound quite right.

upvoted 0 times

Jacob

5 days ago

It's important to consider company culture in risk management.

upvoted 0 times

...

Jose

6 days ago

D and E are not part of the guiding principles of ISO 31000.

upvoted 0 times

...

Devorah

17 days ago

I agree, A, B, and C are the correct principles to follow.

upvoted 0 times

...

2 months ago

I think the guiding principles are A, B, and C.

upvoted 0 times

...