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

Alona

7 hours ago

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

upvoted 0 times

...

Felicitas

5 days 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

7 days ago

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

upvoted 0 times

...

Jules

9 days 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

9 days ago

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

upvoted 0 times

...

Eun

11 days ago

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

upvoted 0 times

...

Ivette

13 days ago

I think establishing context is critical for risk assurance.

upvoted 0 times

...