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CIMAPRO19-P02-1 Exam - Topic 8 Question 24 Discussion

Risk management can be represented as a four step process. The four steps, shown randomly, are:1. Establish appropriate risk management policies.2. Risks are identified by key stakeholders.3. Risks are monitored on an ongoing basis.4. Risks are evaluated according to the likelihood of occurrence and impact on the organization.Which of the following is the correct order for the four steps?
D) 2, 4, 1, 3
A) 1, 2, 3, 4
B) 2, 1, 4, 3
C) 1, 2, 4, 3

CIMAPRO19-P02-1 Exam - Topic 8 Question 24 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 24
Topic #: 8
[All CIMAPRO19-P02-1 Questions]

Risk management can be represented as a four step process. The four steps, shown randomly, are:

1. Establish appropriate risk management policies.

2. Risks are identified by key stakeholders.

3. Risks are monitored on an ongoing basis.

4. Risks are evaluated according to the likelihood of occurrence and impact on the organization.

Which of the following is the correct order for the four steps?

Show Suggested Answer Hide Answer
Suggested Answer: D

by Winfred at May 10, 2022, 01:27 AM

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Georgeanna
10 months ago
I agree with C, that’s how I learned it!
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Georgiana
10 months ago
2 should come first for sure, then 1!
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Meghann
11 months ago
Wait, are we sure about that? Seems off to me.
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Lazaro
11 months ago
I think it should be A, makes more sense.
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Apolonia
11 months ago
The correct order is definitely C!
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Juliann
11 months ago
Ah, I remember learning about this in class. I'm pretty confident I can figure this out.
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Charolette
11 months ago
If it's a serial interface with PPP, I believe it defaults to point-to-point. I practiced a similar question last week.
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Tom
11 months ago
Hmm, this looks tricky. A subpoena seems specific, but I don't think that would automatically change monitoring parameters.
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Billye
11 months ago
I'm a bit confused by this question. I know the communication model has things like sender, receiver, and channel, but I'm not sure which one specifically refers to the method of conveying the message. I'll have to review my notes to be sure.
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