Question 1
Under the 2017 COSO Enterprise Risk Management framework, how many interrelated components organise the framework's principles?
Correct Answer:
Five components
Question 2
ISO 31000:2018 defines risk as the effect of uncertainty on objectives. Which statement best reflects this definition?
Correct Answer:
Risk is a deviation from the expected, which can be positive, negative or both
Question 3
An organisation maps its risk management process to ISO 31000:2018. Which step immediately follows risk analysis in the ISO 31000 risk assessment sequence?
Correct Answer:
Risk evaluation
Question 4
When responding to an identified risk, a business decides to exit the activity that generates the risk entirely. Which risk response does this represent?
Correct Answer:
Risk avoidance
Question 5
A risk register records the level of risk remaining after controls have been applied. What is this remaining level of risk called?
Correct Answer:
Residual risk
Question 1
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About this Exam

Prepare with the CA ANZ Core 2 Risk, Technology and AI Practice Questions - CA Program Core 2 Risk, Technology and Artificial Intelligence (CACC2501) Exam practice quiz. This question bank includes 100 questions covering risk, data, control, controls, and organisation. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CA ANZ Core 2 Risk, Technology and AI Practice Questions - CA Program Core 2 Risk, Technology and Artificial Intelligence (CACC2501) Exam

This practice set contains 100 questions from the matching question bank and focuses on risk, data, control, controls, and organisation. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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