Easy To Download CIPS L5M2 Exam Dumps Updated 117 Questions [Q58-Q73]

NO.58 Which of the following insurances would provide cover in the eventuality that your supplier’s place of business flooded and this affected your deliveries?

NO.59 According to Kid Sadgrove, fraud can take place when four pre-conditions exist. Which of the following is not one of those pre-conditions?

NO.60 Controlling a risk through the development of actions that can minimise the impact the organisation will suffer as a result of the risk event is known as what control?

NO.61 Company DDD has recently seen a drop in share price and has high levels of Work-in-Progress (WIP) due to late supplier deliveries. Which of the following is the type of risk the business facing?

NO.62 Which of the following is a method for approaching risks?

NO.63 Petra Ltd is a manufacturer of upmarket baked goods and they have a range which is gluten free and therefore suitable for customers who have an intolerance of wheat. For this reason Petra Ltd is very strict about the ingredients that it sources. It’s main supplier has provided written agreement that they will test all ingredients in their processing factory to ensure that they are suitable for the gluten free diet before delivery is made, and once delivery is made the materials will be deemed accepted by the buyer. Is Petra right to accept this arrangement?

NO.64 Standard Deviation is the measure of the variation between the values in a range of data. From which of the following could you calculate Standard Deviation?

NO.65 Juan is a Spanish business owner who imports several parts from Japan. Juan’s business operates in Euros and the parts that he buys from Japan can often take a long time to arrive, this means that the price of the items sometimes fluctuates due to the exchange rate. Which of the following would be the best option for Juan?

NO.66 Which of the following statements are true about risk management? Select TWO.

NO.67 Which of the following are key areas of ISO 26000 Social Responsibility? Select THREE.

NO.68 Which of the following will you put into box 7?

NO.69 Which of the following will you put into box 5?

NO.70 John is a mid-level manager and has created a risk / reward matrix about four potential opportunities at his company White Ducky Limited. He will present his research to a board meeting next week. He has categorised the four opportunities as the following. Which of these opportunities should John recommend the board
‘consider’? Select TWO.

NO.71 Which of the following stages would come first within a risk assessment?

NO.72 Which of the following is an example of hedging?

NO.73 There are three main areas where third party suppliers are used in risk management. What are they?