CIPS L5M2 Actual Free Exam Questions & Community Discussion
Which of the following will you put into box 5?
Correct Answer: A
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The legal principle of insurable interest means which of the following statements are TRUE? Select TWO.
Correct Answer: A,C
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Which of the following is an internal risk for a company?
Correct Answer: A
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Yusef is a new procurement manager at FRD Incorporated. He is looking through the Risk Assessments for his department and notices that the cause of the risk is not identified. Why might this be?
Correct Answer: C
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Which of the following will you put into box 8?
Correct Answer: C
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Company DDD has recently seen a drop in share price and has high levels of Work-in-Progress (WIP) due to late supplier deliveries. Which of the following is the type of risk the business facing?
Correct Answer: A
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Which of the following is an International Standard for Risk Management?
Correct Answer: D
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A financial instrument used by airlines to fix the price of fuel over a period of time is known commonly as a what?
Correct Answer: A
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ISO 31000 is built on 11 guiding principles. Identify THREE of these.
Correct Answer: A,C,D
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Controlling a risk through the development of actions that can minimise the impact the organisation will suffer as a result of the risk event is known as what control?
Correct Answer: D
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