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CIPS Exam L5M2 Topic 1 Question 29 Discussion

Actual exam question for CIPS's L5M2 exam
Question #: 29
Topic #: 1
[All L5M2 Questions]

Which of the following is a method for approaching risks?

Show Suggested Answer Hide Answer
Suggested Answer: A

The correct answers are as follows:

Nothing can be done to change this risk (you can't stop an earthquake from happening), so you therefore need to transfer the risk to another party, or include for this within a contract.


Contribute your Thoughts:

Art
27 days ago
I'd like to 'take out' the person who came up with these answer options. Talk about a risky business!
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Lakeesha
1 days ago
A) tolerate
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Kirk
1 months ago
Tolerate, translate, transport... Sounds like a game of Risk, but with even more risk involved!
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Fidelia
1 months ago
Take out? Now we're talking! Time to bring out the big guns and eliminate that risk once and for all! *cocks imaginary shotgun*
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Terry
1 days ago
C) transport
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Florinda
6 days ago
B) translate
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Corazon
7 days ago
A) tolerate
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Ressie
1 months ago
Transport? Are we supposed to just move the risk to a different location? That's like putting a bandaid on a broken leg.
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Krystina
2 days ago
B) translate
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Lenna
7 days ago
A) tolerate
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Edelmira
9 days ago
No, transporting risks means transferring them to another party, not physically moving them.
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Kris
10 days ago
D) take out
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Beatriz
12 days ago
C) transport
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Sommer
14 days ago
B) translate
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Peter
29 days ago
A) tolerate
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Candra
2 months ago
Translate? What, are we supposed to just translate the risk into another language and it'll go away? I'm pretty sure that's not how it works.
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I think we need to tolerate some risks, but also take steps to mitigate them.
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Jamie
1 days ago
Exactly, we can't just translate risks away. We need to approach them in a different way.
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Desmond
2 days ago
No, translating risks into another language won't make them disappear.
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Anthony
3 days ago
D) take out
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Eliz
5 days ago
C) transport
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Bette
1 months ago
B) translate
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Trinidad
1 months ago
A) tolerate
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Glendora
2 months ago
Tolerate? Really? That's like saying 'just ignore the problem and hope it goes away.' I bet the right answer is something more proactive like 'take out' the risk.
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Paulina
2 months ago
I'm not sure, but I think it's between A) tolerate and D) take out. Tolerating risks can be a valid approach, but sometimes it's better to remove the risk altogether.
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Flo
2 months ago
I agree with Douglass, because tolerating risks means accepting them without taking any action.
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Douglass
2 months ago
I think the answer is A) tolerate.
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