PECB ISO-31000-Lead-Risk-Manager Q&A - in .pdf

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NEW QUESTION: 1
Identify two situations in which you can use Data Recovery Advisor for recovery. (Choose two.)
A. The user has dropped an important table that needs to be recovered.
B. The database files are corrupted when the database is open.
C. You are not able to start up the database instance because the required database files are missing.
D. The archived log files are missing for which backup is not available.
Answer: B,C

NEW QUESTION: 2
Standards describe how work will be measured. A Standard answers the question:
A. What
B. When
C. Where
D. Why
Answer: A
Explanation:
Topic 2, Volume B

NEW QUESTION: 3
Which of the following terms is described in the statement below?
"They are the prime monitoring indicators of the enterprise, and are highly relevant and possess a high probability of predicting or indicating important risk."
A. Lag indicators
B. Key risk indicators
C. Lead indicators
D. Risk indicators
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Key Risk Indicators are the prime monitoring indicators of the enterprise. KRIs are highly relevant and possess a high probability of predicting or indicating important risk. KRIs help in avoiding excessively large number of risk indicators to manage and report that a large enterprise may have.
Incorrect Answers:
B: Lag indicators are the risk indicators that is used to indicate risk after events have occurred.
C: Lead indicators are the risk indicators that is used to indicate which capabilities are in place to prevent events from occurring.
D: Risk indicators are metrics used to indicate risk thresholds, i.e., it gives indication when a risk level is approaching a high or unacceptable level of risk. The main objective of a risk indicator is to ensure tracking and reporting mechanisms that alert staff about the potential risks.

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