GAQM Exam ISO-31000-CLA Topic 4 Question 14 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam

Question #: 14
Topic #: 4

[All ISO-31000-CLA Questions]

Understanding the potential causes of risk events will primarily help an organisation to

Acomply with corporate governance standards.

Beliminate all risks

Cimprove internal audit procedures.

Dreduce the frequency of loss.

Show Suggested Answer

Suggested Answer: D

Understanding the potential causes of risk events will primarily help an organisation to reduce the frequency of loss. This is because identifying and analysing the sources and drivers of risks can enable an organisation to implement preventive or mitigating measures.

by An at May 01, 2025, 11:39 AM

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Tegan

1 months ago

Complying with corporate governance standards is important too, to maintain trust and credibility.

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Reena

2 months ago

Haha, eliminating all risks? That's like asking a dragon to stop breathing fire. Gotta go with D, reducing losses is the name of the game.

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Art

29 days ago

D) reduce the frequency of loss.

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Nell

1 months ago

A) comply with corporate governance standards.

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Norah

2 months ago

I believe it will also help improve internal audit procedures, ensuring better risk management.

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Xuan

2 months ago

I agree with Evangelina, reducing the frequency of loss is crucial for the success of any organisation.

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Alyce

2 months ago

A and C are good options, but I think D is the best choice. Knowing what can go wrong is key to preventing it from happening.

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Sherita

26 days ago

True, understanding the causes of risk events is essential for reducing loss.

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Sherron

27 days ago

But A and C are also crucial for overall risk management.

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Vallie

1 months ago

I agree, D is important for preventing loss.

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Evangelina

2 months ago

I think understanding potential causes of risk events will help an organisation to reduce the frequency of loss.

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Caren

3 months ago

I'd go with D. Understanding risks helps organizations plan and prepare for potential events, which in turn reduces the frequency of losses.

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Colene

1 months ago

D) reduce the frequency of loss.

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Martha

2 months ago

B) eliminate all risks

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Destiny

2 months ago

A) comply with corporate governance standards.

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Lenna

3 months ago

Reducing the frequency of loss seems like the obvious answer here. Identifying potential risks can only help minimize the impact, not eliminate them completely.

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