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EX0-004 pdf
  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 31, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 31, 2026
  • Q & A: 140 Questions and Answers
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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • Updated: Aug 31, 2026
  • Q & A: 140 Questions and Answers
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EXIN EX0-004 Exam Syllabus Topics:

SectionObjectives
Introduction to Risk Management- Basic risk concepts and terminology
- Purpose and benefits of risk management
Risk Response and Control- Risk response options (avoid, reduce, transfer, accept)
- Control selection and implementation
MoR Principles and Approach- Governance and embedding risk management
- MoR framework overview
Risk Identification- Risk sources and categories
- Risk description techniques
Risk Assessment- Risk prioritization methods
- Likelihood and impact evaluation
Risk Communication and Reporting- Stakeholder communication
- Risk reporting structures

EXIN Management of Risk Foundation Sample Questions:

Question 1

Which is recorded in the risk response plan during the 'plan' step?

A. Actions to improve risk management
B. Actions developed to mitigate threats
C. Unmanaged risks
D. Number of risks in different categories


Question 2

What principle promotes dialogue with affected parties in a timely manner to help achieve organizational objectives?

A. Achieves measurable value
B. Aligns with objectives
C. Fits the context
D. Engages stakeholders


Question 3

Which is a primary step within the 'M_o_R process'?

A. Assess
B. Control
C. Manage
D. Embed


Question 4

Which specialism has been developed to offer business as usual in the quickest possible time in the event of an emergency?

A. Incident and crisis management
B. Business continuity management
C. Reputational risk management
D. Health and safety management


Question 5

Which is a responsibility of the M_o_R manager role?

A. Defines how much risk should be taken
B. Define risk tolerance thresholds
C. Ensures a risk review process is in operation
D. Prepares risk workshop materials


Solutions:

Question 1
Answer: B
Question 2
Answer: D
Question 3
Answer: A
Question 4
Answer: B
Question 5
Answer: C

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