A. The following are codes of Corporate Governance except ...

1.Group of answer choices

2.Independent Board of Directors (BoD)

3.Nomination process for BoD

4.Scheduled replacement of management

5.Compensation and risk oversight committees

6.Regular evaluations of BoD

B. What is meant by the Cost of Risk?

Group of answer choices

1. The cost of accidental losses

2. The insurance premiums and expenses incurred for noninsurance

3. The cost of risk control techniques to prevent or mitigate losses

4. The cost of administering risk management activities

1 and 2 only

1 and 3 only

All of the above

C. Cyber Insurance covers the risk of data breaches. This type of insurance coverage has increased in price significantly in the last few years because of the following:

Group of answer choices

1. Covid-19

2. Russian cyber attacks and threats

3. Technological advancements

1 and 2 only

None of the above

All of the above (1, 2, and 3)

D. Data Management is comprised of the following EXCEPT ...

Group of answer choices

Data Governance

Data Preparation and Capture

Data Access

Data Assignment

Data Integration

E. It is important for a Risk Manager to delegate responsibilities to a Risk Owner, which is someone accountable for the identification, assessment, treatment, and monitoring of risks in a specific environment or department.

Group of answer choices

True

False

F. Effective communicators are effective at listening.

Group of answer choices

True

False

G. An effective communicator must be able to adapt to their audience.

Group of answer choices

True

False

H. Effective communicators use more "I" statements over "You" statements.

Group of answer choices

True

False

I. Data is the lifeblood of every organization and risk management decisions.

Group of answer choices

True

False

J. Users of Social Media that are not paying for the product are the product.

Group of answer choices

True

False

K. Value Maximization is the primary goal of Corporate Governance.

Group of answer choices

True

False

L. Corporate Governance aims to connect the ownership of a corporation with the control of the corporation.

Group of answer choices

True

False

M. The following are ways to align corporate managers and shareholder interests except ...

Group of answer choices

Incentivize compensation

Holding managers personally liable

Reputation

Fear of a takeover

Predetermined exit strategy

N.