Page | 1
n n n n n
A.R.M. 400 EXAM TEST BANK 2025| BRA
n n n n n n
ND NEW ACTUAL EXAM WITH 100% VERIFI
n n n n n n
ED QUESTIONS AND CORRECT SOLUTION
n n n n
S| GUARANTEED VALUE PACK|
n n n
ACE YOUR GRADES. n n
1. Which one of the following continuity strategy models involves
n n n n n n n n n
maintaining two or more active sites that are geographically dis
n n n n n n n n n
persed?
A. Split operations model
n n
B. Prioritization model n
C. Risk transfer model
n n
D. Active back-up model - correct answer - A
n n n n n n n
2. During which stage of a strategic redeployment plan does the or
n n n n n n n n n n
ganization need to consider the supply chain, as well as the facil
n n n n n n n n n n n
ities and machinery that are available?
n n n n n
A. Contingency production stage n n
B. Alternative marketing stage n n
C. Emergency stage n
D. Communication stage - correct answer - A n n n n n n
, Page | 2
n n n n n
3. Which one of the following steps of the risk management proce
n n n n n n n n n n
ss requires the risk professional to carefully balance his or her o
n n n n n n n n n n n
wn experience and that of the subject matter experts?
n n n n n n n n
A. Identifying risks n
B. Scanning the environment n n
C. Treating risks - correct answer - C n n n n n n
4. Carol has worked as a payroll clerk for a small organization for 2
n n n n n n n n n n n n
0 years. Over the years she received only two small salary incre
n n n n n n n n n n n
ases and began to embezzle funds from the company since she f
n n n n n n n n n n n
elt she was not adequately compensated for her job efforts. In ter
n n n n n n n n n n n
ms of the quadrants of risk, Carol's theft risk can be classified as
n n n n n n n n n n n n
A. A strategic risk.
n n n
B. A financial risk.
n n n
C. Both a hazard risk and a financial risk.
n n n n n n n n
D. Both a hazard risk and an operational risk. - correct answer - D
n n n n n n n n n n n n n
5. Jack is a regional sales manager. He is having a staff meeting to
n n n n n n n n n n n n n
present the business plan and goals for the upcoming year. Jack
n n n n n n n n n n n
will use a PowerPoint presentation to present some of the data vi
n n n n n n n n n n n
sually. Which one of the following best describes Jack's method
n n n n n n n n n n
of communication?
n
A. Informal written communication n n
B. Formal nonverbal communication n n
C. Informal verbal communication n n
D. Formal verbal communication - correct answer - D
n n n n n n n
, Page | 3n n n n n
6. While board-level and executive-
n n n
level risk committee characteristics differ significantly among org
n n n n n n n
anizations, they share some common general responsibilities. W
n n n n n n n
hich one of the following is a common general responsibility of ex
n n n n n n n n n n n
ecutive-level risk committees? n n
B. The executives that must serve on the committee are s
n n n n n n n n n n
pecified in the Dodd- n n n
Frank Act and must include a risk management expert.
n n n n n n n n
C. They provide the board with information about key risks and h
n n n n n n n n n n n
ow they are managed (internal risk intelligence).
n n n n n n
D. They focus on the alignment of the organization's risk profile wi
n n n n n n n n n n n
th its risk appetite and risk tolerance. - correct answer - C
n n n n n n n n n n n
7. An analysis of an organization's external environments will help id
n n n n n n n n n
entify its n
A. Opportunities and threats. n n
B. Culture and values. n n
C. Strengths and weaknesses. n n
D. Products and services. - correct answer - A n n n n n n n
8. Which one of the following bases of organizational culture are e
n n n n n n n n n n
xhibited through the organization's goals and the manner in whi
n n n n n n n n n
ch it pursues its goals?
n n n n
A. Beliefs
B. Assumptions
, Page | 4
n n n n n
C. Behavior
D. Values - correct answer - D
n n n n n
9. While corporate governance is concerned with separating o
n n n n n n n
wnership and control, it is also concerned with separating co
n n n n n n n n n
ntrol from
n
A. Management.
B. Shareholding.
C. Compliance.
D. Oversight. - correct answer - D n n n n n
10. Corporate governance is defined as n n n n
A. A body of law that specifies how corporations are legally formed
n n n n n n n n n n n n
and chartered.
n
B. A diagram of reporting relationships and levels of authority withi
n n n n n n n n n n
n an organization.
n n
C. The reporting chain of command within an organization.
n n n n n n n n
D. The mechanisms and procedures that determine how corporati
n n n n n n n n
ons are run. - correct answer - D
n n n n n n n
11. Which one of the following is true regarding social r
n n n n n n n n n
esponsibilities and governance? n n
A. Governance is based on organizational beliefs while social r
n n n n n n n n
esponsibilities are a set of parameters within which governm n n n n n n n n
ents and organizations operate.
n n n
n n n n n
A.R.M. 400 EXAM TEST BANK 2025| BRA
n n n n n n
ND NEW ACTUAL EXAM WITH 100% VERIFI
n n n n n n
ED QUESTIONS AND CORRECT SOLUTION
n n n n
S| GUARANTEED VALUE PACK|
n n n
ACE YOUR GRADES. n n
1. Which one of the following continuity strategy models involves
n n n n n n n n n
maintaining two or more active sites that are geographically dis
n n n n n n n n n
persed?
A. Split operations model
n n
B. Prioritization model n
C. Risk transfer model
n n
D. Active back-up model - correct answer - A
n n n n n n n
2. During which stage of a strategic redeployment plan does the or
n n n n n n n n n n
ganization need to consider the supply chain, as well as the facil
n n n n n n n n n n n
ities and machinery that are available?
n n n n n
A. Contingency production stage n n
B. Alternative marketing stage n n
C. Emergency stage n
D. Communication stage - correct answer - A n n n n n n
, Page | 2
n n n n n
3. Which one of the following steps of the risk management proce
n n n n n n n n n n
ss requires the risk professional to carefully balance his or her o
n n n n n n n n n n n
wn experience and that of the subject matter experts?
n n n n n n n n
A. Identifying risks n
B. Scanning the environment n n
C. Treating risks - correct answer - C n n n n n n
4. Carol has worked as a payroll clerk for a small organization for 2
n n n n n n n n n n n n
0 years. Over the years she received only two small salary incre
n n n n n n n n n n n
ases and began to embezzle funds from the company since she f
n n n n n n n n n n n
elt she was not adequately compensated for her job efforts. In ter
n n n n n n n n n n n
ms of the quadrants of risk, Carol's theft risk can be classified as
n n n n n n n n n n n n
A. A strategic risk.
n n n
B. A financial risk.
n n n
C. Both a hazard risk and a financial risk.
n n n n n n n n
D. Both a hazard risk and an operational risk. - correct answer - D
n n n n n n n n n n n n n
5. Jack is a regional sales manager. He is having a staff meeting to
n n n n n n n n n n n n n
present the business plan and goals for the upcoming year. Jack
n n n n n n n n n n n
will use a PowerPoint presentation to present some of the data vi
n n n n n n n n n n n
sually. Which one of the following best describes Jack's method
n n n n n n n n n n
of communication?
n
A. Informal written communication n n
B. Formal nonverbal communication n n
C. Informal verbal communication n n
D. Formal verbal communication - correct answer - D
n n n n n n n
, Page | 3n n n n n
6. While board-level and executive-
n n n
level risk committee characteristics differ significantly among org
n n n n n n n
anizations, they share some common general responsibilities. W
n n n n n n n
hich one of the following is a common general responsibility of ex
n n n n n n n n n n n
ecutive-level risk committees? n n
B. The executives that must serve on the committee are s
n n n n n n n n n n
pecified in the Dodd- n n n
Frank Act and must include a risk management expert.
n n n n n n n n
C. They provide the board with information about key risks and h
n n n n n n n n n n n
ow they are managed (internal risk intelligence).
n n n n n n
D. They focus on the alignment of the organization's risk profile wi
n n n n n n n n n n n
th its risk appetite and risk tolerance. - correct answer - C
n n n n n n n n n n n
7. An analysis of an organization's external environments will help id
n n n n n n n n n
entify its n
A. Opportunities and threats. n n
B. Culture and values. n n
C. Strengths and weaknesses. n n
D. Products and services. - correct answer - A n n n n n n n
8. Which one of the following bases of organizational culture are e
n n n n n n n n n n
xhibited through the organization's goals and the manner in whi
n n n n n n n n n
ch it pursues its goals?
n n n n
A. Beliefs
B. Assumptions
, Page | 4
n n n n n
C. Behavior
D. Values - correct answer - D
n n n n n
9. While corporate governance is concerned with separating o
n n n n n n n
wnership and control, it is also concerned with separating co
n n n n n n n n n
ntrol from
n
A. Management.
B. Shareholding.
C. Compliance.
D. Oversight. - correct answer - D n n n n n
10. Corporate governance is defined as n n n n
A. A body of law that specifies how corporations are legally formed
n n n n n n n n n n n n
and chartered.
n
B. A diagram of reporting relationships and levels of authority withi
n n n n n n n n n n
n an organization.
n n
C. The reporting chain of command within an organization.
n n n n n n n n
D. The mechanisms and procedures that determine how corporati
n n n n n n n n
ons are run. - correct answer - D
n n n n n n n
11. Which one of the following is true regarding social r
n n n n n n n n n
esponsibilities and governance? n n
A. Governance is based on organizational beliefs while social r
n n n n n n n n
esponsibilities are a set of parameters within which governm n n n n n n n n
ents and organizations operate.
n n n
