GAQM Exam ISO-31000-CLA Topic 7 Question 12 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam

Question #: 12
Topic #: 7

[All ISO-31000-CLA Questions]

Which of the following step is a critical part of risk assurance?

AEvaluation Context

BEstablishing Context

CCommunication and Consultations

DMonitoring and Review

Show Suggested Answer

Suggested Answer: B

Residual risk is the type of risk that remains after risk treatment has been applied1. Residual risk reflects the remaining exposure or uncertainty after taking into account existing controls.

by Adela at Mar 18, 2025, 11:28 PM

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Marva

17 days ago

I vote for E) Throwing a dart at the answer choices. At least that's a more scientific approach than guessing.

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Alona

27 days ago

A) Evaluation Context? Really? That's like trying to solve a puzzle without the picture on the box.

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Ruth

9 days ago

B) Establishing Context is crucial for understanding the risks involved.

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Felicitas

1 months ago

C) Communication and Consultations, for sure. You can't do risk assurance in a vacuum - you need input from stakeholders.

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Thad

1 months ago

I'm going with D) Monitoring and Review. Continuously tracking the risks and making adjustments is key to assurance.

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Keshia

13 days ago

I think A) Evaluation Context is also important to understand the risks properly.

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Rodolfo

21 days ago

I agree, D) Monitoring and Review is crucial for risk assurance.

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Jules

1 months ago

I think B) Establishing Context is the critical step here. You need to define the parameters of the risk assessment before you can evaluate anything.

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Millie

1 months ago

Monitoring and review is also important to ensure risks are continuously managed.

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Eun

1 months ago

I agree with Ivette, without a clear context, it's hard to assess risks properly.

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Ivette

1 months ago

I think establishing context is critical for risk assurance.

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