Online Access Free ISACA.CRISC.v2024-06-13.q683 Practice Test (Page 125)

CRISC Exam Question 616

Which of the following should be used as the PRIMARY basis for evaluating the state of an organization's cloud computing environment against leading practices?

A.The cloud environment's risk register

B.The cloud environment's capability maturity model

C.The organization's strategic plans for cloud computing

D.The cloud computing architecture

CRISC Exam Question 617

A teaming agreement is an example of what type of risk response?

A.Acceptance

B.Mitigation

C.Transfer

D.Share

E.Explanation:
Teaming agreements are often comes under sharing risk response, as they involves joint ventures
to realize an opportunity that an organization would not be able to seize otherwise.
Sharing response is where two or more entities share a positive risk. Teaming agreements are
good example of sharing the reward that comes from the risk of the opportunity.

F.is incorrect. Acceptance is a risk response that is appropriate for positive or negative
risk events. It does not pursue the risk, but documents the event and allows the risk to happen.
Often acceptance is used for low probability and low impact risk events.

G.is incorrect. Transference is a negative risk response where the project manager hires a
third party to own the risk event.

CRISC Exam Question 618

Suppose you are working in Company Inc. and you are using risk scenarios for estimating the likelihood and impact of the significant risks on this organization. Which of the following assessment are you doing?

A.IT security assessment

B.IT audit

C.Threat and vulnerability assessment

D.Risk assessment

CRISC Exam Question 619

The PRIMARY reason for prioritizing risk scenarios is to:

A.support risk response tracking

B.provide an enterprise-wide view of risk

C.facilitate risk response decisions.

D.assign risk ownership

CRISC Exam Question 620

What are the requirements of monitoring risk?
Each correct answer represents a part of the solution. Choose three.

A.Information of various stakeholders

B.Preparation of detailed monitoring plan

C.Identifying the risk to be monitored

D.Defining the project's scope

E.Explanation:
It is important to first understand the risk to be monitored, prepare a detailed plan and define the project's scope for monitoring risk. In the case of a monitoring project, this step should involve process owners, data owners, system custodians and other process stakeholders.

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CRISC Exam Question 616

CRISC Exam Question 617

CRISC Exam Question 618

CRISC Exam Question 619

CRISC Exam Question 620

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