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CRISC – Questions & Complete Solutions (100% Correct)
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CRISC – Questions & Complete Solutions (100% Correct)
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CRISC – Questions & Complete Solutions (100%Correct)
4 domains of CRISC Right Ans - Risk identification
Risk assessment
Risk response and mitigation
Risk monitoring and reporting
Risk governance Right Ans - Are we doing the right things?
Comes from executive management and directors
Align strategy with organization goals
Risk management Right Ans - Make sure processes and procedures to
follow dictated risk strategy
Planning, building, running and monitoring
Are we doing things right?
Risk tolerance Right Ans - Quantifies risk appetite
Risk appetite Right Ans - Governance - Broad idea of the amount of risk
that an organization is willing to accept - risk avert, aggressive, neutral
Vulnerability Right Ans - Internal weakness
External lack of protection
Threat Right Ans - Negative risk event that threatens an objective
Risk Right Ans - Likelihood of a threat compromising an asset
Risk Management Right Ans - Activities implemented to direct and control
an enterprise in relation to the risk
Probability Right Ans - Likelihood of evemt
Impact Right Ans - How much the output will be affected, how much
damage
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