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Download Managing Supply Chain Risk Exam Dumps
NEW QUESTION 50
Controlling a risk through the development of actions that can minimise the impact the organisation will suffer as a result of the risk event is known as what control?
Answer: D
Explanation:
Explanation
This is the description of treat mentioned on p. 143. The 4 Ts is a popular exam topic
NEW QUESTION 51
Which of the following will you put into box 6?
Answer: B
Explanation:
Explanation
The correct answers are as follows:
Table Description automatically generated
NEW QUESTION 52
Which of the following will you put into box 7?
Answer: A
Explanation:
Explanation
Table Description automatically generated
NEW QUESTION 53
Which of the following is an International Standard for Risk Management?
Answer: A
Explanation:
Explanation
Risk Management = ISO31000. Learn the ISOs for the exam as it's a popular exam topic. 31000 is explained on p. 140. As well as the numbers, you should also learn the guiding principles of each ISO for the exam.
NEW QUESTION 54
What is the purpose of the Sarbanes-Oxley Regulation?
Answer: B
Explanation:
Explanation
Sarbanes Oxley Regulations encourages transparency in financial reporting. The regulations came in response to the Enron scandal in 2001 when Enron bosses were falsifying financial records to make the company look better than it was, then the company went bust. The point of Sarbanes Oxley is to ensure that this doesn't happen again- that business leaders report correct financial statements to shareholders. The study guide talks about this on p.42 but I'd recommend also watching this video as it gives a good background to the regulation:
https://www.investopedia.com/terms/s/sarbanesoxleyact.asp
NEW QUESTION 55
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