General FRM: Foundations Of Risk Management MCQs

1. _____ risks refer to those that are direct results of implementing risk responses

2. A _____ is a tool used in risk management.

3. A ________ involves balancing three critical factors: requirements, cost, and time.

4. A serious risk associated with outsourcing is _________.

5. An outline reduces a __________ to __________.

6. It is important for your group to develop a ___________ of viable options.

7. The first step in developing an it security plan is to ________.

8. As the risk of a stock investment increases, investors' ________.

9. With a(n) ____, you perform an action or task, and then you perform the next action, in order.