IRM International Certificate Practice Questions - IRM International Certificate In Enterprise Risk Management (Module 1 MCQ Exam) Exam

ISO 31000:2018 is best described as which of the following?

A principles-based guidance standard for risk management applicable to any organisation A certifiable international standard with mandatory compliance requirements A sector-specific standard developed for financial services organisations A prescriptive framework defining the exact risk management processes organisations must follow

Correct Answer:

A principles-based guidance standard for risk management applicable to any organisation

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