WGU ARM 400 CHAPTER 1 PART 1 EXAM 76
QUESTIONS WITH VERIFIED ANSWERS 2025/2026
What might go wrong. - CORRECT ANSWER Traditional risk management strategies
deal with:
The balance of opportunity and threat. - CORRECT ANSWER Modern risk
management is:
The upside and downside of decisions can be predicted. - CORRECT ANSWER Risk
technology continues to increase the certainty with which:
Those who formally manage risk and those who manage risk without necessarily
realizing it. - CORRECT ANSWER At nearly every level of a company there are two
kinds of people:
Take appropriate action. - CORRECT ANSWER To understand your role in risk
management, you can't make this determination on your own, because simply
learning about concepts does not necessarily prepare you to:
Communicating and collaborating with experts. - CORRECT ANSWER These two
items are key to forming a complete perspective on risk management:
A hazard posed to an individual or a company. - CORRECT ANSWER Related to
insurance, risk was traditionally considered:
, Its potential positive consequences—the idea that taking risks is necessary for
growth. - CORRECT ANSWER Today, risk is also known for:
The full universe of threats and opportunities a company faces. - CORRECT
ANSWER This holistic view reveals:
Minimize threats and exploit opportunities. - CORRECT ANSWER The emergence
of holistic risk management strategies, also known as enterprise risk
management, or ERM, has enhanced the tools that risk managers and other
decision makers use to:
Enterprise Risk Management, or ERM. - CORRECT ANSWER Holistic risk
management strategies are also known as:
The intersection of different types of risk, and a method for identifying, assessing,
and treating all of them. - CORRECT ANSWER These two ideas underlie nearly
every important risk management concept:
Applying workplace skills. - CORRECT ANSWER Whether you're a risk manager or
simply in a role that requires risk-informed decision making, enterprise risk
management is also essential to:
Root cause analysis RCA. - CORRECT ANSWER Traditional risk assessment
techniques focus on:
It identifies a loss's predominant cause. - CORRECT ANSWER Root cause analysis,
RCA, does this:
QUESTIONS WITH VERIFIED ANSWERS 2025/2026
What might go wrong. - CORRECT ANSWER Traditional risk management strategies
deal with:
The balance of opportunity and threat. - CORRECT ANSWER Modern risk
management is:
The upside and downside of decisions can be predicted. - CORRECT ANSWER Risk
technology continues to increase the certainty with which:
Those who formally manage risk and those who manage risk without necessarily
realizing it. - CORRECT ANSWER At nearly every level of a company there are two
kinds of people:
Take appropriate action. - CORRECT ANSWER To understand your role in risk
management, you can't make this determination on your own, because simply
learning about concepts does not necessarily prepare you to:
Communicating and collaborating with experts. - CORRECT ANSWER These two
items are key to forming a complete perspective on risk management:
A hazard posed to an individual or a company. - CORRECT ANSWER Related to
insurance, risk was traditionally considered:
, Its potential positive consequences—the idea that taking risks is necessary for
growth. - CORRECT ANSWER Today, risk is also known for:
The full universe of threats and opportunities a company faces. - CORRECT
ANSWER This holistic view reveals:
Minimize threats and exploit opportunities. - CORRECT ANSWER The emergence
of holistic risk management strategies, also known as enterprise risk
management, or ERM, has enhanced the tools that risk managers and other
decision makers use to:
Enterprise Risk Management, or ERM. - CORRECT ANSWER Holistic risk
management strategies are also known as:
The intersection of different types of risk, and a method for identifying, assessing,
and treating all of them. - CORRECT ANSWER These two ideas underlie nearly
every important risk management concept:
Applying workplace skills. - CORRECT ANSWER Whether you're a risk manager or
simply in a role that requires risk-informed decision making, enterprise risk
management is also essential to:
Root cause analysis RCA. - CORRECT ANSWER Traditional risk assessment
techniques focus on:
It identifies a loss's predominant cause. - CORRECT ANSWER Root cause analysis,
RCA, does this:
