ARM 401 Exam Drill.
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35
, ARM 401 Exam Drill.
1. Risk maps differ from other risk assessment tools and Risk maps
identify, prior-
techniques in which one of the following itize, and quantify risks in a
ways? two-dimensional pictori-
al that illustrates
frequency and severity
on vertical and
horizontal axes.
2. Vicki has been hired to investigate industrial accidents Fault tree
analysis
for a biotech company that produces a
number of drugs. In most cases, she will be
asked to look at a particular system failure
and trace the events leading to the failure
backwards. Which system safety analysis
technique would be most appropriate for this
applica- tion?
3. The important first step in a decision-making model is Define the
problem
to
4. Modifying the contact surface or basic ensure
structure that can be affected by installing that an
breakaway highway light poles or requiring organizatio
front and side airbags in automo- biles to nal risk
cushion occupants' impact is a basic strategy register
of the has which
one of the
5. Degree, closeness, and betweeness all fall into following
which one of the following categories? characteris
tics?
6. A risk management professional should
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35
, ARM 401 Exam Drill.
7. The chief financial officer of XYZ Insurance Energy transfer theory
Compa- ny believes that $50 million is the
appropriate capital
Centrality Measures
Provides interactive use
for risk owners
8.00%
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35
, ARM 401 Exam Drill.
charge for the company's underwriting division.
The division is predicted to generate revenue
of $25 million this year and expenses of $22
million. Assuming a risk-free rate of 2% on the
capital charge, what is this division's return on
capital (ROC)?
Collaboration
8. Which one of the following occurs when
individuals, departments, or teams from
different areas work to- gether to
accomplish a shared organizational goal?
9. A phase in the life of a system when the basic purpose Conceptual
phase
and preliminary design of the system are
formulated is the
10. The unauthorized intrusion into a company's comput- Intangible
Property
er network resulting in damage to intellectual
property is best classified as which one of the
following types of cyber liability exposures?
11. Data analytics is especially useful for unstructured data
12. One of the ways in which probabilities can be location.
devel- oped is theoretically. Which one of the James feels
following is an example of an event for which that the
probability can be determined theoretically? plant
managers
13. James is the risk manager for a large are in the
manufacturing organization with six best
locations. Each location has a plant manager position to
who is responsible for the operation of that identify and
4/
35
1/
35
, ARM 401 Exam Drill.
1. Risk maps differ from other risk assessment tools and Risk maps
identify, prior-
techniques in which one of the following itize, and quantify risks in a
ways? two-dimensional pictori-
al that illustrates
frequency and severity
on vertical and
horizontal axes.
2. Vicki has been hired to investigate industrial accidents Fault tree
analysis
for a biotech company that produces a
number of drugs. In most cases, she will be
asked to look at a particular system failure
and trace the events leading to the failure
backwards. Which system safety analysis
technique would be most appropriate for this
applica- tion?
3. The important first step in a decision-making model is Define the
problem
to
4. Modifying the contact surface or basic ensure
structure that can be affected by installing that an
breakaway highway light poles or requiring organizatio
front and side airbags in automo- biles to nal risk
cushion occupants' impact is a basic strategy register
of the has which
one of the
5. Degree, closeness, and betweeness all fall into following
which one of the following categories? characteris
tics?
6. A risk management professional should
2/
35
, ARM 401 Exam Drill.
7. The chief financial officer of XYZ Insurance Energy transfer theory
Compa- ny believes that $50 million is the
appropriate capital
Centrality Measures
Provides interactive use
for risk owners
8.00%
3/
35
, ARM 401 Exam Drill.
charge for the company's underwriting division.
The division is predicted to generate revenue
of $25 million this year and expenses of $22
million. Assuming a risk-free rate of 2% on the
capital charge, what is this division's return on
capital (ROC)?
Collaboration
8. Which one of the following occurs when
individuals, departments, or teams from
different areas work to- gether to
accomplish a shared organizational goal?
9. A phase in the life of a system when the basic purpose Conceptual
phase
and preliminary design of the system are
formulated is the
10. The unauthorized intrusion into a company's comput- Intangible
Property
er network resulting in damage to intellectual
property is best classified as which one of the
following types of cyber liability exposures?
11. Data analytics is especially useful for unstructured data
12. One of the ways in which probabilities can be location.
devel- oped is theoretically. Which one of the James feels
following is an example of an event for which that the
probability can be determined theoretically? plant
managers
13. James is the risk manager for a large are in the
manufacturing organization with six best
locations. Each location has a plant manager position to
who is responsible for the operation of that identify and
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35
