PRMIA Exam 8004 Topic 1 Question 8 Discussion

Actual exam question for PRMIA's 8004 exam

Question #: 8
Topic #: 1

The Chief Risk Officer is responsible for the management of the Risk Management Infrastructure, and as such helps the Board define, and then implements throughout the organization, the risk appetite of the organization.

Which of the following is also the responsibility of the Chief Risk Officer?

AMaintaining appropriate assurance measures to ensure that the Governance and Risk framework of the organization is effective, and, if any shortcomings are discovered, to escalate these to the Board so that remedial action can be taken in an appropriate and timely manner

Bensuring that all employees understand the rules and regulations (both internal and external) with which they must comply and the implications, for them and for the organization, of non-compliance

CEnsures that reporting of risk and governance-related matters are produced in a timely and accurate manner

DActs as sponsor for risk throughout the organization and ensures that a risk culture is implemented, and maintained

Show Suggested Answer

Suggested Answer: C

by Elke at Jul 25, 2023, 02:56 AM

Limited Time Offer

25%

Off

Get Premium 8004 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!