100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CISA Questions (101-200) Questions & 100% Correct Answers $13.49   Add to cart

Exam (elaborations)

CISA Questions (101-200) Questions & 100% Correct Answers

 1 view  0 purchase
  • Course
  • CISA
  • Institution
  • CISA

Sharing risk is a key factor in which of the following methods of managing risk? Select an answer: A. Transferring risk B. Tolerating risk C. Terminating risk D. Treating risk CORRECT A. Transferring risk (e.g., by taking an insurance policy) is a way to share risk. B. Tolerating ...

[Show more]

Preview 4 out of 149  pages

  • September 9, 2024
  • 149
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CISA
  • CISA
avatar-seller
MASTER01
1 | P a g e | © copyright 2024/2025 | Grade A+




CISA Questions (101-200) Questions &
100% Correct Answers
Sharing risk is a key factor in which of the following methods of managing risk?




Select an answer:

A.

Transferring risk




B.

Tolerating risk




C.

Terminating risk




D.

Treating risk

✓ CORRECT A. Transferring risk (e.g., by taking an insurance policy) is a way

to share risk.




B. Tolerating risk means that the risk is accepted, but not shared.



Master01 | September, 2024/2025 | Latest update

, 2 | P a g e | © copyright 2024/2025 | Grade A+




C. Terminating risk would not involve sharing the risk because the organization has

chosen to terminate the process associated with the risk.




D. There are several ways of treating or controlling the risk, which may involve

reducing or sharing the risk, but this is not as precise an answer as transferring the

risk.




The MOST likely effect of the lack of senior management commitment to IT

strategic planning is:




Select an answer:

A.

a lack of investment in technology.




B.

a lack of a methodology for systems development.




C.

technology not aligning with organization objectives.




Master01 | September, 2024/2025 | Latest update

, 3 | P a g e | © copyright 2024/2025 | Grade A+


D.

an absence of control over technology contracts.

A. Lack of management commitment will almost certainly affect investment, but

the primary loss will be the lack of alignment of IT strategy with the strategy of

the business.




B. Systems development methodology is a process-related function and not a key

concern of management.




✓ CORRECT C. A steering committee should exist to ensure that the IT

strategies support the organization's goals. The absence of an information

technology committee or a committee not composed of senior managers

would be an indication of a lack of top-level management commitment. This

condition would increase the risk that IT would not be aligned with

organization strategy.




D. Approval for contracts is a business process and would be controlled through

financial process controls. This is not applicable here.




Which of the following is a function of an IT steering committee?




Select an answer:



Master01 | September, 2024/2025 | Latest update

, 4 | P a g e | © copyright 2024/2025 | Grade A+


A.

Monitoring vendor-controlled change control and testing




B.

Ensuring a separation of duties within the information's processing environment




C.

Approving and monitoring major projects, such as the status of IT plans and

budgets




D.

Liaising between the IT department and end users

A. Vendor change control is a sourcing issue and should be monitored by IT

management.




B. Ensuring a separation of duties within the information's processing environment

is an IT management responsibility.




Master01 | September, 2024/2025 | Latest update

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MASTER01. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

74735 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart