GAQM Exam ISO-31000-CLA Topic 7 Question 12 Discussion

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

Question #: 12
Topic #: 7

[All ISO-31000-CLA Questions]

Which of the following step is a critical part of risk assurance?

AEvaluation Context

BEstablishing Context

CCommunication and Consultations

DMonitoring and Review

Show Suggested Answer

Suggested Answer: B

Residual risk is the type of risk that remains after risk treatment has been applied1. Residual risk reflects the remaining exposure or uncertainty after taking into account existing controls.

by Adela at Mar 18, 2025, 11:28 PM

Limited Time Offer

25%

Off

Get Premium ISO-31000-CLA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Marva

3 months ago

I vote for E) Throwing a dart at the answer choices. At least that's a more scientific approach than guessing.

upvoted 0 times

Laurene

1 months ago

D) Monitoring and Review

upvoted 0 times

...

Elza

1 months ago

C) Communication and Consultations

upvoted 0 times

...

Matthew

1 months ago

B) Establishing Context

upvoted 0 times

...

Charlene

1 months ago

A) Evaluation Context

upvoted 0 times

...

Alona

3 months ago

A) Evaluation Context? Really? That's like trying to solve a puzzle without the picture on the box.

upvoted 0 times

Valentine

2 months ago

C) Communication and Consultations help ensure all stakeholders are on the same page.

upvoted 0 times

...

Ruth

2 months ago

B) Establishing Context is crucial for understanding the risks involved.

upvoted 0 times

...

Felicitas

3 months ago

C) Communication and Consultations, for sure. You can't do risk assurance in a vacuum - you need input from stakeholders.

upvoted 0 times

...

Thad

3 months ago

I'm going with D) Monitoring and Review. Continuously tracking the risks and making adjustments is key to assurance.

upvoted 0 times

Gail

2 months ago

Establishing Context with B) is also necessary to set the foundation for risk assurance.

upvoted 0 times

...

Lanie

2 months ago

C) Communication and Consultations is essential for ensuring everyone is on the same page.

upvoted 0 times

...

Keshia

3 months ago

I think A) Evaluation Context is also important to understand the risks properly.

upvoted 0 times

...

Rodolfo

3 months ago

I agree, D) Monitoring and Review is crucial for risk assurance.

upvoted 0 times

...

Jules

3 months ago

I think B) Establishing Context is the critical step here. You need to define the parameters of the risk assessment before you can evaluate anything.

upvoted 0 times

...

Millie

3 months ago

Monitoring and review is also important to ensure risks are continuously managed.

upvoted 0 times

...

Eun

3 months ago

I agree with Ivette, without a clear context, it's hard to assess risks properly.

upvoted 0 times

...

Ivette

4 months ago

I think establishing context is critical for risk assurance.

upvoted 0 times

...