ExamTopics Logo
Mail Us[email protected]
Menu
Garp Discussions
exam questions

Exam SCR All Questions

View all questions & answers for the SCR exam
Go to Exam

Exam SCR topic 1 question 21 discussion

Actual exam question from GARP's SCR
Question #: 21
Topic #: 1
[All SCR Questions]

The risk team for a multinational company, that operates and franchises hotel and timeshare properties, prepares talking points for an upcoming business continuity plan meeting. A key area for discussion are the risks that can impact the company’s financial and reputational stability. The team recommends the company conduct climate-related scenario analysis and provides examples of scenarios and their use.
Which of the following is correct for the team to include as part of the talking points?

  • A. Scenario analysis should use a limited set of assumptions and constraints to reduce the risk of generalized scenario results.
  • B. Scenario analysis allows a company to better understand its past performance by conducting a lookback analysis.
  • C. A company can internally develop its models and scenarios or make use of existing publicly available scenarios.
  • D. A company conducting scenario analysis should focus on either physical or transition risks to avoid inconsistent outcomes.
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️
by cecomavu at April 5, 2025, 8:42 a.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Currently there are no comments in this discussion, be the first to comment!
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel