AIS EXAM 1 CERTIFICATION EVALUATION
2026 COMPLETE QUESTIONS AND
SOLUTIONS UPDATED
◉ RISK CATEGORY EX: At a university, to ensure that the football
program starts the season, the board of trustees mandates a restart
of face-to-face classes before the rate of infection from the virus has
decreased in that state. They propose mandatory monitoring of the
health of faculty and students using an app, testing, distancing in
class and on campus, and wearing masks. The university faces a risk
of lawsuits by faculty and students who are infected by the virus on
campus, regardless of the precautions, resulting in a financial loss
due to settlements and legal fees.
Answer: Strategic, Compliance
◉ RISK CATEGORY EX: A commercial diving school continues to run
its certification program during the COVID-19 pandemic. It uses an
app for instructors and students to mandatorily report on their
health conditions every three days. Administration discloses to
colleagues that an instructor has reported an underlying condition
of concern. The instructor claims that the school has breached the
law by disclosing his medical condition to colleagues and failing to
protect his privacy.
Answer: Compliance
, ◉ RISK CATEGORY EX: A member of the executive team at a major
corporation has, on social media, joked about the coronavirus and
mocked people infected with the virus. He also used a racial slur
against an Asian man who responded to one of his posts. The public
relations department is trying to manage the public outrage
resulting from the executive's posts.
Answer: Reputational
◉ Risk Score
Answer: likelihood of risk occurrence x impact of risk
◉ The 4 Risk responses
Answer: Mitigate, Transfer, Avoid and Accept
◉ Inherent Risk
Answer: Natural level of risk in a business process or activity if there
are no risk responses in place
◉ Residual Risk
Answer: the remaining risk after implementing a risk response
◉ Risk Appetite
Answer: Amount and type of risk that an organization is prepared to
pursue, retain or take; it is set by the organization's BOD
2026 COMPLETE QUESTIONS AND
SOLUTIONS UPDATED
◉ RISK CATEGORY EX: At a university, to ensure that the football
program starts the season, the board of trustees mandates a restart
of face-to-face classes before the rate of infection from the virus has
decreased in that state. They propose mandatory monitoring of the
health of faculty and students using an app, testing, distancing in
class and on campus, and wearing masks. The university faces a risk
of lawsuits by faculty and students who are infected by the virus on
campus, regardless of the precautions, resulting in a financial loss
due to settlements and legal fees.
Answer: Strategic, Compliance
◉ RISK CATEGORY EX: A commercial diving school continues to run
its certification program during the COVID-19 pandemic. It uses an
app for instructors and students to mandatorily report on their
health conditions every three days. Administration discloses to
colleagues that an instructor has reported an underlying condition
of concern. The instructor claims that the school has breached the
law by disclosing his medical condition to colleagues and failing to
protect his privacy.
Answer: Compliance
, ◉ RISK CATEGORY EX: A member of the executive team at a major
corporation has, on social media, joked about the coronavirus and
mocked people infected with the virus. He also used a racial slur
against an Asian man who responded to one of his posts. The public
relations department is trying to manage the public outrage
resulting from the executive's posts.
Answer: Reputational
◉ Risk Score
Answer: likelihood of risk occurrence x impact of risk
◉ The 4 Risk responses
Answer: Mitigate, Transfer, Avoid and Accept
◉ Inherent Risk
Answer: Natural level of risk in a business process or activity if there
are no risk responses in place
◉ Residual Risk
Answer: the remaining risk after implementing a risk response
◉ Risk Appetite
Answer: Amount and type of risk that an organization is prepared to
pursue, retain or take; it is set by the organization's BOD
