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CRISC Exam (Domain 1) with correct answers 100% 2024 /2025 $7.99   Add to cart

Exam (elaborations)

CRISC Exam (Domain 1) with correct answers 100% 2024 /2025

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CRISC Exam (Domain 1) with correct answers 100% 2024 /2025 CRISC Scope - Correct Answer Focuses on risk assessment, treatment, and monitoring. These are methods, processes and protocols used and governed withing a larger enterprise risk mgmt. framework. What does CRISC not address? - Correct A...

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  • October 2, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Certified risk management professional
  • Certified risk management professional
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PROFFESORMAURINE
CRISC Exam (Domain 1) with correct
answers 100% 2024 /2025
CRISC Scope - Correct Answer Focuses on risk assessment, treatment, and monitoring. These are
methods, processes and protocols used and governed withing a larger enterprise risk mgmt. framework.



What does CRISC not address? - Correct Answer CRISC does not address what's detailed in ISO31000 on
how to create a risk mgmt program.

Does not focus on mandate/commitment aspect of managing risk (leadership area)

Does not focus on continual improvement of framework



What does CRISC focus on? - Correct Answer Focuses on implementing risk mgmt itself(ISO 31010 and
ISO 27005)

Focuses on monitoring and review of framework



Domains in CRISC - Correct Answer 1. IT Risk Identification

2. IT Risk Assessment

3. Risk Response and Mitigation

4. Risk&Control Monitoring and reporting



How does it map to ISO 31010 and ISO 27005 - Correct Answer 1. Risk Identification

2. Risk Analysis

2. Risk evaluation

3. Risk Treatment

Risk Acceptance

4. Risk Monitoring and Review



What does enterprise risk management include? - Correct Answer Includes the methods and processes
used by organization to manage risk and seize opportunities related to the achievement of their
objectives.

, True of False, IT Risk Mgmt should be governed by ERM? - Correct Answer TRUE



What happens when an organization identifies and proactively addresses risk? - Correct Answer
Business enterprise protect and create value for stakeholders. Including: owners, employees, customers,
regulators and society.



ERM is described as? - Correct Answer Risk based approach to managing an enterprise. Integrating
concepts or internal controls and strategic planning.



When are RM strategic plans most effective? - Correct Answer When developed for the entire
enterprise.



What drives RM strategy? - Correct Answer Organizational goals and objectives



What kind of view is an ERM? - Correct Answer Top-down view. Looking to identify, assess and manage
risks.



ISO 9001 - Correct Answer A series of quality standards developed by a committee working under the
International Organization for Standardization to improve total quality in all businesses for the benefit of
producers and consumers. Quality Management Standard.



ISO 14001 - Correct Answer a global quality standard that certifies organizations that set environmental
objectives and targets, account for the environmental impact of their activities, and continuously
improve environmental performance. Environmental Management Systems



ISO 27001 - Correct Answer Information Security Management Systems



ISO 22301 - Correct Answer An international standard that specifies requirements for setting up and
managing an effective Business Continuity Management System.



OHSAS - Correct Answer Occupational Health advisory services

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