Arm 401 exam practice - Study guides, Class notes & Summaries

Which one of the following statements is true if earnings at risk are $200,000 with 90% confidence? A. Earnings at risk are projected to be $180,000. B. Earnings at risk are projected to be less than $200,000 10% ofthe time. C. Earnings at risk are projected to be $200,000 90% of the time. D. Earnings at risk are projected to be greater than $200,000 10% ofthe time. - B Determining earnings-at-risk (EaR) entails modeling the influence of factors such as A. Differences in the prices of produ...

ARM 401 Exam Practice Questions and Answers All Correct A risk map showing a large difference between inherent and residual risk indicates which one of the following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated - Answer-C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential ...

Which one of the following is a managerial control measure to protect against the frequency of fraud losses? A. Stay informed of new varieties of fraud B. Install surveillance cameras C. Place marked cash in vaults D. Screen potential applicants - A Directors and officers of a corporation have fiduciary duties, which include the duty of being A. Inquisitive. B. Honest. C. Loyal. D. Trustworthy. - C Cyber crime can be controlled through the use of effective loss prevention and loss reduct...

ARM 401 Exam Practice Questions and Answers All Correct A risk map showing a large difference between inherent and residual risk indicates which one of the following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated - Answer-C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential ...

ARM 401 Exam Practice Questions and Answers (2024 / 2025) (Verified Answers)

A risk map showing a large difference between inherent and residual risk indicates which one of the following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated - C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential loss of supply and risks to the infrastructure. Lucas must now de...

ARM 401 Exam Practice QUESTIONS & ANSWERS 2023 ( A+ GRADED 100% VERIFIED)

ARM 401 Exam Practice Rated 100% Correct 2023 A risk map showing a large difference between inherent and residual risk indicates which one of the following? A. The risk is within the organization's risk appetite B. The current risk treatment is ineffective C. The current risk treatment is effective D. The risk does not need to be treated C Lucas, a risk professional for Jones Incorporated, recently met with experts from the utility industry to discuss the potential loss of supply and r...

Which one of the following best describes the type of risk control measure implemented? A. Procedural control B. Security control C. Managerial control D. Personnel control - A Outlining unacceptable cyber behavior with associated consequences is an example of A. A managed control. B. A personnel control. C. A physical control. D. An operational control. - B The extent of an organization's product of human intelligence that has economic value refers to which one of the following? A. Pe...

Which one of the following best describes the type of risk control measure implemented? A. Procedural control B. Security control C. Managerial control D. Personnel control - A Outlining unacceptable cyber behavior with associated consequences is an example of A. A managed control. B. A personnel control. C. A physical control. D. An operational control. - B The extent of an organization's product of human intelligence that has economic value refers to which one of the following? A. Pe...