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Exam (elaborations)

ARM 400 EXAM WITH CORRECT ANSWERS RATED A+

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ARM 400 EXAM WITH CORRECT ANSWERS RATED A+

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ARM 400
Course
ARM 400

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Which one of the following statements is true with regard to preventive analytics?


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Preventive analytics uses smart products and data analytics to identify root
loss causes and their implications.

,Which one of the following statements is true regarding separation of ownership and
control in corporations?


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The incentive for managers and non-management board members to
pursue their own interests at the expense of shareholders gives rise to
agency costs.




Which of the following statements best describes the risk governance role and
responsibility of a corporate board of directors?


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To set the organization's risk appetite and to stay informed of the most
significant risks to the organization and management's responses.




The emerging technologies applied to risk assessment and control link the physical
domain to the virtual domain. Together, these domains linked by the emerging
technologies create a


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Connected ecosystem.




Which one of the following is an example of an internal key risk indicator (KRI) that a
contractor might monitor?

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Budget variances




Encrypting data is an example of


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. A data security program.




Which one of the following statements is correct regarding risk owners?


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Generally, the stakeholder who is most affected by or creates a risk should
be its risk owner.




The business process management (BPM) life cycle incorporates five steps. Which
one of the following best describes the first step in the BPM process?


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Processes are designed or redesigned by considering workflows and
affected personnel.

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ARM 400
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ARM 400

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