Question 1
According to ISO 31000:2018, which of the following is NOT one of the eight principles of risk management?
Correct Answer:
Risk avoidance
Question 2
In the ISO 31000 framework, what is the correct sequence of the risk management process?
Correct Answer:
Scope, Context and Criteria → Risk Assessment → Risk Treatment
Question 3
What is the primary purpose of the 'leadership and commitment' component in the ISO 31000:2018 framework?
Correct Answer:
To ensure top management and oversight bodies demonstrate leadership and commitment to integrating risk management
Question 4
Which ISO 31000 principle states that risk management should be tailored to the organisation's external and internal context?
Correct Answer:
Customized
Question 5
What distinguishes 'continual improvement' as a principle of risk management in ISO 31000?
Correct Answer:
Risk management should be continually improved through learning and experience
Question 1
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About this Exam

Prepare with the CPRA Practice Questions - RMIA Certified Practising Risk Associate Exam practice quiz. This question bank includes 100 questions covering risk, management, analysis, identification, and context. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CPRA Practice Questions - RMIA Certified Practising Risk Associate Exam

This practice set contains 100 questions from the matching question bank and focuses on risk, management, analysis, identification, and context. 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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