Operational Risk Management Process

Description

Quiz on Operational Risk Management Process , created by Laura Robinson on 02/10/2018.
Laura Robinson
Quiz by Laura Robinson, updated more than 1 year ago
Laura Robinson
Created by Laura Robinson about 6 years ago
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Resource summary

Question 1

Question
What comes after the Identification stage of the risk management process?
Answer
  • Risk Monitoring
  • Risk Reporting
  • Risk Measurement
  • Risk Response

Question 2

Question
What is the first step of the Risk Management Process?
Answer
  • Operational Risk Policy
  • Risk Reporting
  • Risk Monitoring
  • Risk Identification

Question 3

Question
What is the purpose of risk management?
Answer
  • To eliminate all risk
  • Bring awareness to any risks
  • To avoid risks
  • To reduce the likelihood
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