QSO 345 7-2 Quiz Risk Management.pdf - Risk Practice Exam(30 Questions Home \u25ba CAPM\u00ae Exam V6.0 \u25ba 6.0CAPMBCM \u25ba 4.0 Exam Simulation \u25ba Risk

QSO 345 7-2 Quiz Risk Management.pdf - Risk Practice...

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8/14/2019 Risk Practice Exam (30 Questions) crosswindpm.com/learn/mod/quiz/review.php?attempt=169366 1/18 Home ► CAPM® Exam V6.0 ► 6.0CAPMBCM ► 4.0 Exam Simulation ► Risk Practice Exam (30 Questions) Question A film distribution company involved in global expansion has a chief marketing officer who isfamiliar with cutting edge marketing techniques and strategies. The marketing project for theexpansion is set to rollout in 10 countries via the Internet and cable television. An accountmanager discovers that the chief marketing officer has been embezzling from the companyfor the last 90 days to help a terminally ill relative. During risk management execution, whichof the following best represents an escalation strategy? 1 Correct Mark 1.00 out of 1.00 Started On Wednesday, August 14, 2019, 12:19 PM State Finished Completed On Wednesday, August 14, 2019, 12:25 PM Time Taken 6 mins 14 secs Marks 29.00/30.00 Grade 9.67 out of 10.00 ( 97 %) Feedback Your exam results show that if you are consistently scoring at this level or above, you are ready to schedule your exam. Congratulations on all of your hard work to get to this point! Select one:a. Terminate him, file felony theft charges, and have someone different run thecampaignb. Update the CEO with the details of what you have discovered c. Allow him to remain in his position and reimburse the company for the amountembezzled plus all incidental expensesd. Confront the senior marketing manager about his actionsUpdating the CEO would be an example of an escalation strategy. Outsourcing the work isa transference strategy. Allowing him to stay at the company and pay back the amountrepresents an attempt to mitigate (or minimize) risk, but it could still occur. Terminating himand having someone different run the campaign would be a combination of avoid andmitigate. Confronting the manager doesn’t fit any option. [Crosswind Manual 11.6.2;PMBOK® Guide 11.5.5.3]The correct answer is: Update the CEO with the details of what you have discovered
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8/14/2019 Risk Practice Exam (30 Questions) crosswindpm.com/learn/mod/quiz/review.php?attempt=169366 2/18 Question A film distribution company involved in global expansion has a chief marketing officer who isfamiliar with cutting edge marketing techniques and strategies. The marketing project for theexpansion is set to rollout in 10 countries via the Internet and cable television. It'sdiscovered that the chief marketing officer has been embezzling from the company for thelast 90 days to help a terminally ill relative. Senior management is extremely concernedbecause this person knows more about this type of campaign than anyone in the industryand it doesn't want to impact the company negatively. During risk management execution,which of the following best represents an avoidance strategy associated with theembezzlement? 2 Correct Mark 1.00 out of 1.00
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