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EX0-004 exam dumps

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  • Exam Code: EX0-004
  • Exam Name: Management of Risk Foundation
  • No. of Questions: 140 Questions and Answers
  • Updated: Aug 17, 2026

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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- MoR framework overview
- Governance and embedding risk management
Risk Assessment- Likelihood and impact evaluation
- Risk prioritization methods
Risk Identification- Risk description techniques
- Risk sources and categories
Risk Communication and Reporting- Stakeholder communication
- Risk reporting structures

EXIN Management of Risk Foundation Sample Questions:

1. What risk management specialism is focused on ensuring an organization keeps operating following an incident?

A) Financial risk management
B) Business continuity management
C) Health and safety
D) Safety and security


2. Which can be used to measure the impact a risk management awareness programme has on an organization?

A) Brainstorming
B) Benchmarking
C) Risk questionnaires
D) Gateway reviews


3. Identify the missing word in the following sentence. The primary steps in the 'MoR process' are 'implement', identify', [ ? ] and assess'.

A) plan
B) perform
C) manage
D) record


4. What is the purpose of using an M_o_R'health check'?

A) Provide alternative assurance and approval processes at key decision points within a programme
B) Examine an organization's current risk management practices to identify areas for improvement
C) Show which organizational activities that risk management should be applied to
D) Understand the nature of risks facing an organization and the actions needed to respond


5. Which is a purpose of 'embedding and reviewing' M_o_R?

A) Ensuring the availability of appropriate techniques used in the risk management process steps
B) Assuring the appointment of risk owners
C) Maximizing the return on investment in risk management
D) Reporting on the risk response plan'


Solutions:

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

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