Page 3 - CFPA-CII-Module W01-Examen blanc N°2-Qestions avec réponses
P. 3
Module W01 – Questions
1. Risk is described as:
a) How loss occurs
b) Possibility of loss
c) A hazard
d) A Peril
2. If a person is described as ‘risk averse’ they:
a) Like to carry risk themselves
b) Never consider risk
c) Like to minimise risk to themselves
d) Seek risky activities
3. A typical example of a liability policy would be:
a) Material Damage
b) Credit
c) Business Interruption
d) Products
4. A risk manager’s role is to work with an organisation to:
a) Identify, analyse & control risk
b) Write a survey report for insurers only
c) Deal only with insurance claims for the organisation
d) Eliminate risk completely from all parts of the organisation
5. An insurable risk might be described as:
a) Pure
b) Fundamental
c) Speculative
d) Facultative
6. George tries to insure a consignment of illegal drugs. Any such risk is refused because it is
a) Difficult to quantify
b) A speculative risk
c) Against public policy
d) Outside the UK
3/21
