Podcast
Questions and Answers
Mature risk management activities can hinder the effectiveness and efficiency of core processes.
Mature risk management activities can hinder the effectiveness and efficiency of core processes.
False (B)
Risk attitude in organizations does not influence how uncertainty is perceived.
Risk attitude in organizations does not influence how uncertainty is perceived.
False (B)
Core processes must be effective but do not need to be efficient.
Core processes must be effective but do not need to be efficient.
False (B)
Risk appetite refers to the amount of risk an organization is willing to accept in the short-term.
Risk appetite refers to the amount of risk an organization is willing to accept in the short-term.
Investment in opportunity risks can lead to better efficiency in core processes.
Investment in opportunity risks can lead to better efficiency in core processes.
Risk appetite is unrelated to the organization's long-term objectives.
Risk appetite is unrelated to the organization's long-term objectives.
Core processes do not need to be effective if they are efficient.
Core processes do not need to be effective if they are efficient.
Efficiency enhancement for opportunities is only needed in tactical processes.
Efficiency enhancement for opportunities is only needed in tactical processes.
Risk management activities do not play a role in enhancing the effectiveness of core processes.
Risk management activities do not play a role in enhancing the effectiveness of core processes.
Efficiency enhancement for opportunities is only necessary in compliance processes.
Efficiency enhancement for opportunities is only necessary in compliance processes.
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