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GAQM ISO-31000-CLA Exam - Topic 4 Question 15 Discussion

Within an organisation, when attempting to manage and control risk, the organisation should be aware that
C) uncertainty must be taken into account
A) consideration of risk perception is not required.
B) consideration should be given to internal controls only.
D) uncertainty need not be considered.

GAQM ISO-31000-CLA Exam - Topic 4 Question 15 Discussion

Actual exam question for GAQM's ISO-31000-CLA exam
Question #: 15
Topic #: 4
[All ISO-31000-CLA Questions]

Within an organisation, when attempting to manage and control risk, the organisation should be aware that

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Suggested Answer: C

Within an organisation, when attempting to manage and control risk, uncertainty must be taken into account4.Uncertainty refers to ''the state, even partial, of deficiency of information related to understanding or knowledge of an event''4and it influences both risks and opportunities.


by Elza at Jun 10, 2025, 08:29 AM

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Hillary
8 months ago
Internal controls are key, but not the only thing!
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Nadine
8 months ago
Totally agree, ignoring it is a bad move.
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Geraldine
9 months ago
Uncertainty must definitely be considered!
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Lindsey
9 months ago
I thought perception played a role too, interesting!
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Matthew
9 months ago
Wait, are you sure uncertainty is that important?
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Lovetta
9 months ago
I thought we learned that uncertainty is a key factor in risk management, so D definitely doesn’t sound right.
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Janae
10 months ago
I feel like we had a practice question about internal controls, but I can't recall if they were the only focus. B seems too limiting.
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Lenny
10 months ago
I’m not really sure, but I think we talked about how risk perception is important. So, A seems wrong to me.
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Sunny
10 months ago
I remember discussing how uncertainty plays a big role in risk management, so I think option C makes the most sense.
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Kenny
10 months ago
This question is testing our understanding of the fundamental principles of risk management. I'll focus on the importance of considering risk perception and uncertainty, as those seem to be the core concepts being assessed here.
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Leslie
10 months ago
I'm a bit confused by the wording of these options. They seem to be presenting quite different perspectives on risk management, but I'm not sure I fully understand the distinctions between them.
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Jeannetta
11 months ago
Okay, I think I've got this. The key is to recognize that effective risk management requires considering both internal controls and the broader uncertainty that the organization faces. Option C seems to capture that best.
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Howard
11 months ago
Hmm, I'm a bit unsure about this one. The options seem to be contrasting different approaches to risk management, but I'm not totally clear on the nuances between them.
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Val
11 months ago
This looks like a straightforward risk management question. I'll focus on the key concepts of risk perception and uncertainty that are mentioned in the options.
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