Risk and Controls

A professional-looking infographic illustrating risk management concepts, featuring keywords like 'Risk', 'Control', 'Assets', and 'Information', with a business-oriented background.

Risk and Controls Quiz

Test your knowledge on the critical concepts surrounding risk management and controls in a business environment. This engaging quiz will challenge your understanding of risks, their impacts, and the controls instituted to manage them.

Key topics covered include:

  • Risk elimination
  • The role of assets
  • The importance of information
  • Control mechanisms
5 Questions1 MinutesCreated by AssessingRisk239
Risks can be completely eliminated if the business is vigilant
No
Yes
Maybe
The impact or relative severity of the risk is not proportional to the business value of the loss or damage, and to the estimated frequency of the threat
I agree
I dont agree
Sometimes
For a Risk to exist an asset has to exist
Yes
No
"Information and data" is the most important asset for an organisation
Yes
No
Policy is a means of Control.
No
Yes they are
Policy is only an overall document. It is not a control. Procedures are because they are detailed
Policies and procedures are a form of control
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