1|Page
A.R.M. 400 Exam Practice ||Verified Exam!!!|| Most
Recent Exam Actual Complete Real Exam Questions
And Correct Answers (Verified Answers) Already
Graded A+ | Guaranteed Success!! Newest Exam!!!
During the past year, International Toys has undertaken
four capital projects. The company has renovated and
refurbished one of its aging warehouse buildings. It has
purchased the most recent version of its current order
processing computer software. It has added two trucks to
its fleet of delivery vehicles. Lastly, it has purchased a new
production machine that will allow it to launch a new
product line. Which one of the following company projects
is the most speculative risk? - Answer-The new production
machine
Encouraging the expression of feelings as well as facts
and following up with employees on the problems they
report are two ways that managers and supervisors can -
Answer-Cultivate two-way communication
Which one of the following risk management objectives is
critical for a manufacturer seeking new capital from
investors, stockholders, and creditors? - Answer-Reduce
the deterrent effects of hazard risks
,2|Page
Which one of the following is a tool that can be used by
fraud investigators to compare documents and analyze
notes? - Answer-Text mining
For an organization, a key performance indicator (KPI)
measures the performance of a specific activity at a
predetermined level or amount. Which one of the following
is an example of a KRI based on a ratio? - Answer-
Inventory turnover
Before speaking with a group or individual, the speaker
should think about what he or she wants the other
person(s) to do as a result of the conversation. Which one
of the following steps in the communication process does
the speaker complete by doing this? - Answer-Set a clear
communication objective
According to the law of large numbers, as the number of
exposure units insured increases, - Answer-The relative
accuracy of predictions about future losses increases
The fundamental purpose of a risk management
framework is to - Answer-Integrate risk management
throughout the organization
,3|Page
Which one of the following provides a measure of the
maximum potential damage associated with an
occurrence? - Answer-Exposure
Aligning risks with the organization's risk appetite defines -
Answer-Tolerable uncertainty
An organization must meet the standard of care that it
owes to others in order to ensure that - Answer-Legal
obligations are satisfied
Julian was having a conversation with Tania, one of his
employees. At this 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? - Answer-Response
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
Packaging 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
, 4|Page
employees of the business is that - Answer-Loan defaults
are likely to be highly correlated
Which one of the following statements is true with regard
to preventative analytics? - Answer-Preventative analytics
uses smart products and data analytics to identify root loss
causes and their implications.
The emerging technologies applied to risk assessment
and control link the physical domain to the virtual domain.
Together, these domains linked by the emerging
technologies create a - Answer-connected ecosystem
In addition to metal detector, many airports have installed
a second type of scanning technology for baggage and
cargo. The checked bags and cargo pass through a portal
with scanners programmed to detect and test for explosive
trace fumes. These scanners, which detect explosives
based on air samples, are an example of what type of
sensor used for risk assessment and control? - Answer-
Biochemical sensors
Which one of the following uses infrared light to detect
nearby objects? - Answer-Lidar
A.R.M. 400 Exam Practice ||Verified Exam!!!|| Most
Recent Exam Actual Complete Real Exam Questions
And Correct Answers (Verified Answers) Already
Graded A+ | Guaranteed Success!! Newest Exam!!!
During the past year, International Toys has undertaken
four capital projects. The company has renovated and
refurbished one of its aging warehouse buildings. It has
purchased the most recent version of its current order
processing computer software. It has added two trucks to
its fleet of delivery vehicles. Lastly, it has purchased a new
production machine that will allow it to launch a new
product line. Which one of the following company projects
is the most speculative risk? - Answer-The new production
machine
Encouraging the expression of feelings as well as facts
and following up with employees on the problems they
report are two ways that managers and supervisors can -
Answer-Cultivate two-way communication
Which one of the following risk management objectives is
critical for a manufacturer seeking new capital from
investors, stockholders, and creditors? - Answer-Reduce
the deterrent effects of hazard risks
,2|Page
Which one of the following is a tool that can be used by
fraud investigators to compare documents and analyze
notes? - Answer-Text mining
For an organization, a key performance indicator (KPI)
measures the performance of a specific activity at a
predetermined level or amount. Which one of the following
is an example of a KRI based on a ratio? - Answer-
Inventory turnover
Before speaking with a group or individual, the speaker
should think about what he or she wants the other
person(s) to do as a result of the conversation. Which one
of the following steps in the communication process does
the speaker complete by doing this? - Answer-Set a clear
communication objective
According to the law of large numbers, as the number of
exposure units insured increases, - Answer-The relative
accuracy of predictions about future losses increases
The fundamental purpose of a risk management
framework is to - Answer-Integrate risk management
throughout the organization
,3|Page
Which one of the following provides a measure of the
maximum potential damage associated with an
occurrence? - Answer-Exposure
Aligning risks with the organization's risk appetite defines -
Answer-Tolerable uncertainty
An organization must meet the standard of care that it
owes to others in order to ensure that - Answer-Legal
obligations are satisfied
Julian was having a conversation with Tania, one of his
employees. At this 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? - Answer-Response
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
Packaging 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
, 4|Page
employees of the business is that - Answer-Loan defaults
are likely to be highly correlated
Which one of the following statements is true with regard
to preventative analytics? - Answer-Preventative analytics
uses smart products and data analytics to identify root loss
causes and their implications.
The emerging technologies applied to risk assessment
and control link the physical domain to the virtual domain.
Together, these domains linked by the emerging
technologies create a - Answer-connected ecosystem
In addition to metal detector, many airports have installed
a second type of scanning technology for baggage and
cargo. The checked bags and cargo pass through a portal
with scanners programmed to detect and test for explosive
trace fumes. These scanners, which detect explosives
based on air samples, are an example of what type of
sensor used for risk assessment and control? - Answer-
Biochemical sensors
Which one of the following uses infrared light to detect
nearby objects? - Answer-Lidar
