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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

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

"Information and data" is the most important asset for an organisation

Yes

Policy is a means of Control.

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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