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EX0-004 pdf
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 04, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 04, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
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  • Q & A: 140 Questions and Answers
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EXIN EX0-004 Exam Syllabus Topics:

SectionWeightObjectives
Embedding and Reviewing M_o_R15%- Embedding risk management
- Risk culture and maturity
- Reviewing and improving
M_o_R Approach25%- Risk register
- Risk management policy
- Risk management process guide
- Roles and responsibilities
- Risk improvement plan
M_o_R Principles20%- Involve stakeholders
- Fit the context
- Be open and responsive
- Align with objectives
- Facilitate continual improvement
- Provide clear guidance
M_o_R Process40%- Implement responses
- Assess risks (estimate and evaluate)
- Plan responses
- Communicate and consult
- Identify risks

EXIN Management of Risk Foundation Sample Questions:

1. What are the M_o_R principles informed by?

A) International standard for risk management ISO31000:2009
B) Basel Accord (Basel II)
C) Public Company Accounting and Reform and Investor Protection Act
D) Statements of internal control


2. Which explains a use of the risk management policy in the identify context' step?

A) Describes how corporate governance will affect the risk management process
B) Understand the maximum amount of risk that should be taken
C) Identifies changes to the organization's market
D) Identifies how past events could become sources of risk


3. Identify the missing word in the following sentence. Applying the 'aligns with objectives'
principle at the [ ? ] perspective ensures risk management is responsive to changes to objectives that meet shareholder needs, reputation and demand for services.

A) strategic
B) operational
C) programme
D) project


4. Which is recorded in the risk response plan during the 'plan' step?

A) Actions to improve risk management
B) Actions developed to mitigate threats
C) Unmanaged risks
D) Number of risks in different categories


5. Which does the SWOT analysis technique help to identify about an organization?

A) Stakeholder views
B) Internal strengths
C) Corporate governance requirements
D) Long-term trends


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: B
Question # 5
Answer: B

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