Online Access Free ISACA.CRISC.v2022-02-22.q349 Practice Test (Page 34)

CRISC Exam Question 161

Which of the following is the BEST way to support communication of emerging risk?

A.Adjust inherent risk levels upward.

B.Include it in the risk register for ongoing monitoring.

C.Update residual risk levels to reflect the expected risk impact.

D.Include it on the next enterprise risk committee agenda.

CRISC Exam Question 162

When reporting risk assessment results to senior management, which of the following is MOST important to include to enable risk-based decision making?

A.Risk action plans and associated owners

B.Recent audit and self-assessment results

C.A list of assets exposed to the highest risk

D.Potential losses compared to treatment cost

CRISC Exam Question 163

To minimize risk in a software development project, when is the BEST time to conduct a risk analysis?

A.Before periodic steering committee meetings

B.At each stage of the development life cycle

C.During the business requirement definitions phase

D.During the business case development

CRISC Exam Question 164

A control for mitigating risk in a key business area cannot be implemented immediately. Which of the following is the risk practitioner's BEST course of action when a compensating control needs to be applied?

A.Record the risk as accepted m the risk register.

B.Inform senior management.

C.Obtain the risk owner's approval.

D.update the risk response plan.

CRISC Exam Question 165

Which of the following should be management's PRIMARY consideration when approving risk response action plans?

A.Ability of the action plans to address multiple risk scenarios

B.Prioritization for implementing the action plans

C.Ease of implementing the risk treatment solution

D.Changes in residual risk after implementing the plans

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