EXIN EX0-004 Questions & Answers - in .pdf
- Total Q&A: 140
- Update: Aug 04, 2026
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- Vendor: EXIN
- Exam Code: EX0-004
- Exam Name: Management of Risk Foundation
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EXIN EX0-004 Q&A - Testing Engine
- Total Q&A: 140
- Update: Aug 04, 2026
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- Exam Code: EX0-004
- Exam Name: Management of Risk Foundation
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EXIN EX0-004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|
| Embedding and Reviewing M_o_R | 15% | - Reviewing and improving
- Risk culture and maturity
- Embedding risk management
|
| M_o_R Process | 40% | - Communicate and consult
- Assess risks (estimate and evaluate)
- Identify risks
- Implement responses
- Plan responses
|
| M_o_R Principles | 20% | - Fit the context
- Align with objectives
- Involve stakeholders
- Provide clear guidance
- Be open and responsive
- Facilitate continual improvement
|
| M_o_R Approach | 25% | - Roles and responsibilities
- Risk management policy
- Risk improvement plan
- Risk management process guide
- Risk register
|
EXIN Management of Risk Foundation Sample Questions:
1. Which defines the inherent probability of a risk?
A) Effect of the risk on the activity after implementing a risk response
B) Likelihood of an issue occurring before implementing a risk response
C) Chance of a risk occurring before implementing a risk response
D) Calculation of the timeframe and urgency of a risk prior to a risk response
2. What document separately describes the steps required to implement risk management within an organization?
A) Risk management strategy
B) Risk management policy
C) Risk management process guide
D) Business continuity plan
3. Which effect on the organization's objectives could the PESTLE analysis technique help to identify
A) Current external factors
B) Long-term developments
C) Risk exposure trends
D) Internal strengths
4. Identify the missing words in the following sentence. The lack of [ ? ] is a common barrier to implementing the risk management process.
A) clear guidance for managers and staff
B) an assigned risk owner
C) appropriate responses to risks
D) a high-risk appetite
5. What is the purpose of using an M_o_R'health check'?
A) Provide alternative assurance and approval processes at key decision points within a programme
B) Understand the nature of risks facing an organization and the actions needed to respond
C) Examine an organization's current risk management practices to identify areas for improvement
D) Show which organizational activities that risk management should be applied to
Solutions:
Question # 1
Answer: C | Question # 2
Answer: C | Question # 3
Answer: A | Question # 4
Answer: A | Question # 5
Answer: C |
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