Exam (elaborations)
ARM 400 CHAPTER 1 questions and answers already solved 2024
- Course
- Institution
ARM 400 CHAPTER 1 questions and answers already solved 2024
[Show more]
Content preview
ARM 400 CHAPTER 1Julian was having a conversation with Tania, one of his employees. At one
point, Julian said, "What I hear you say is that you would like to take on more
responsibility. Is that correct?" Which one of the following elements of active
listening was Julian illustrating? - correct answer ✔Response
Which one of the following statements is true regarding the basic measures
that apply to risk management? - correct answer ✔Consequences measure
the degree to which an occurrence could positively or negatively affect an
organization.
Which one of the following risk management program goals enhances an
organization's reputation? - correct answer ✔Social responsibility
One enterprise risk management (ERM) approach to categorizing risks
involves dividing risks into four risk quadrants. The risks categorized as
hazard risks are - correct answer ✔Traditionally managed by risk
management professionals.
Mid-State Packing Company, a meat processing company, is the largest
private sector employer in Metro City. First National Bank of Metro City loans
money to Mid-State Packing Company and to many of the employees of Mid-
State. The problem with First National Bank of Metro City loaning money to
both the business and many employees of the business is that - correct
answer ✔Loan defaults are likely to be highly correlated.
The fundamental purpose of a risk management framework is to - correct
answer ✔Integrate risk management throughout the organization.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LEWISSHAWN55. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80796 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now