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GAQM Exam ISO-31000-CLA Topic 2 Question 11 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam
Question #: 11
Topic #: 2
[All ISO-31000-CLA Questions]

Relying on historic analysis when assessing potential risks and possible impacts implies that

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Suggested Answer: B

The ISO 31000:2018 standard provides a framework for risk management, with a focus on the strategic and integrated aspects of risk management. It outlines principles, a framework, and a process for managing risk in organizations of all kinds. The focus of the standard is on aligning risk management with the organization's context, objectives, and strategy, and on integrating risk management into all aspects of an organization's governance, culture, and performance.


Contribute your Thoughts:

Youlanda
1 months ago
Seriously, who thought it was a good idea to base risk assessments on something as unpredictable as history? I'm just gonna go with the one that sounds the most like a bad fortune cookie - C, all the way!
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Janella
1 days ago
User 3: I agree with C, it's better to stick with what we know.
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Blossom
4 days ago
A) should adverse events occur, the impact can be accurately modelled.
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Vernell
7 days ago
User 2: But what if the future is different? I'm leaning towards A for accurate modelling.
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Vallie
22 days ago
User 1: I think C makes sense, history tends to repeat itself.
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Han
1 months ago
Historic analysis, huh? So basically, we're supposed to believe that the future is just a glorified remix of the past. I'm gonna go with C and hope the examiners are in a nostalgic mood.
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Gilberto
16 days ago
Yeah, it's like assuming history will repeat itself in a way.
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Kizzy
23 days ago
I think C makes sense, it's like predicting the future based on what's already happened.
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Shantay
2 months ago
Ah, the good old 'past performance is not indicative of future results' conundrum. Looks like C is the way to go, though I'm sure there's some creative accounting that could make any of these answers work.
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Ariel
27 days ago
I think we should consider all possible risks, not just rely on historical data.
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Chau
1 months ago
I agree, it's always tricky to predict the future based on the past.
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Samuel
2 months ago
That's true, there could be unforeseen risks that historic analysis doesn't account for.
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Roslyn
2 months ago
Ooh, this one's a tricky one! Historic analysis can only get you so far - the future is a wild card, you know? But hey, at least we can pretend to be psychic, right?
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Erin
2 months ago
But what if the future doesn't behave like the past?
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Samuel
2 months ago
I think relying on historic analysis can help us predict potential risks.
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