1 | Page
RIMS-CRMP FINAL EXAM 2024-2025 | |
GRADED A+ Questions and Correct
Answers
A business model is a set of assumptions about the ______
A. financial stability of an organization
B. organizational structure of a business
C. products and services past performance
D. way an organization creates value Ans: — D. way an
organization creates value
What two analytical tools are particularly useful in analyzing the
business model?
A. Key performance indicators and total cost of risk
B. Key risk indicators and gap analysis
C. Pareto analysis and root cause analysis
D. Value chain analysis and benchmarking Ans: — D. Value chain
analysis and benchmarking
Risk management professionals conduct supply-chain analyses to
identify _______________ .
© 2025 All rights reserved
, 2 | Page
A. contingent business interruption coverage
B. customer technology needs
C. international regulatory requirements
D. potential vulnerabilities to the organization Ans: — D. potential
vulnerabilities to the organization
Which activity does the risk management professional perform
immediately after obtaining internal and external information
about the organization?
A. analyze the information
B. organize the information
C. prioritize the information
D. report the information Ans: — B. organize the information
Which risk identification and analysis technique should a risk
management professional use in order to gather information from
multiple departments in a brainstorming session that helps to
identify shared risks within an organization?
A. checklists
B. flowcharts
C. workshops
D. questionnaires Ans: — C. workshops
© 2025 All rights reserved
, 3 | Page
When analyzing an organization's value chain, which of the
following would be considered a primary activity?
A. technological development
B. human resources management
C. infrastructure management
D. outbound logistics Ans: — D. outbound logistics
The organization's resources and internal support are ________ the
risk management strategy.
A. adjustable to match
B. inputs in the development of
C. metrics used to measure the value of
D. outcomes of the development of Ans: — B. inputs in the
development of
When defining the success measures for the organization's risk
strategy, the risk management professional will include which of
the following steps?
A. a review of the goals and objectives of the risk strategy
B. a selection of appropriate media for communicating the risk
strategy
C. an analysis of the organization's total cost of insurable risk
© 2025 All rights reserved
RIMS-CRMP FINAL EXAM 2024-2025 | |
GRADED A+ Questions and Correct
Answers
A business model is a set of assumptions about the ______
A. financial stability of an organization
B. organizational structure of a business
C. products and services past performance
D. way an organization creates value Ans: — D. way an
organization creates value
What two analytical tools are particularly useful in analyzing the
business model?
A. Key performance indicators and total cost of risk
B. Key risk indicators and gap analysis
C. Pareto analysis and root cause analysis
D. Value chain analysis and benchmarking Ans: — D. Value chain
analysis and benchmarking
Risk management professionals conduct supply-chain analyses to
identify _______________ .
© 2025 All rights reserved
, 2 | Page
A. contingent business interruption coverage
B. customer technology needs
C. international regulatory requirements
D. potential vulnerabilities to the organization Ans: — D. potential
vulnerabilities to the organization
Which activity does the risk management professional perform
immediately after obtaining internal and external information
about the organization?
A. analyze the information
B. organize the information
C. prioritize the information
D. report the information Ans: — B. organize the information
Which risk identification and analysis technique should a risk
management professional use in order to gather information from
multiple departments in a brainstorming session that helps to
identify shared risks within an organization?
A. checklists
B. flowcharts
C. workshops
D. questionnaires Ans: — C. workshops
© 2025 All rights reserved
, 3 | Page
When analyzing an organization's value chain, which of the
following would be considered a primary activity?
A. technological development
B. human resources management
C. infrastructure management
D. outbound logistics Ans: — D. outbound logistics
The organization's resources and internal support are ________ the
risk management strategy.
A. adjustable to match
B. inputs in the development of
C. metrics used to measure the value of
D. outcomes of the development of Ans: — B. inputs in the
development of
When defining the success measures for the organization's risk
strategy, the risk management professional will include which of
the following steps?
A. a review of the goals and objectives of the risk strategy
B. a selection of appropriate media for communicating the risk
strategy
C. an analysis of the organization's total cost of insurable risk
© 2025 All rights reserved
