Question 1

The acronym ESG can stand for:

Options :

A : Environmental. Strategy, and corporate Governance.

B : Environmental. Social and corporate Governance.

C : Enhanced Social Governance.

D : Extra Social Governance.

Answer: B

Question 2

In Operational Resilience, which of the following is not an important measure of whether a Business Service can be considered Critical?

Options :

A : Whether a disruption to the provision of the service could cause material customer detriment.

B : Whether a disruption to the provision of the service could harm market integrity.

C : Whether a disruption to the provision of the service could exceed risk appetite.

D : Whether a disruption to the provision of the service could threaten a firm-s viability.

Answer: C

Question 3

Which of the follow does the risk function typically have responsibility for?

Options :

A : Documenting its activities, typically by operating and then recording the daily operation of controls.

B : Documenting its activities, typically by developing a Risk Management Manual and set of Risk Policies.

C : Putting in place the servers, firewalls and software to ensure cyber security.

D : Creating a trial balance, balance sheet statement and cash flow statement.

Answer: B

Question 4

In Operational Resilience, which of the following is not an important measure of whether a Business Service can be considered Critical?

Options :

A : Whether a disruption to the provision of the service could cause material customer detriment.

B : Whether a disruption to the provision of the service could harm market integrity.

C : Whether a disruption to the provision of the service could exceed risk appetite.

D : Whether a disruption to the provision of the service could threaten a firm-s viability.

Answer: C

Question 5

Which of the Basel Accords, published in 2004, introduced operational risk as a risk subjected to a capital charge?

Options :

A : Basel I

B : Basel II

C : Basel III

D : Basel IV

Answer: B

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