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CRISC ISACA Exam – Questions With Accurate Solutions
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CRISC ISACA Exam – Questions With Accurate Solutions
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CRISC ISACA Exam – Questions With Accurate SolutionsThe potential loss to an area due to the occurrence of an adverse event
Right Ans - exposure
An accurate bit-for-bit reproduction of the information contained on an
electronic device or associated media, whose validity and integrity has been
verified using an accepted algorithm (2 words) Right Ans - forensic copy
for each risk located in the risk register, it should at a minimum include.....
Right Ans - date, description, impact, probability, risk score, mitigation action
and owner
main reference for all risk-related information, supporting risk-related
decisions such as risk response activities and their prioritization Right Ans
- risk register
Preparing the risk management strategy is a ____ activity Right Ans -
internal audit
key to achieving an effective risk management capability. Right Ans - joint
planning across the three lines of defense
control execution is generally the responsibility of the _____ line of defense
Right Ans - first
Internal control reporting is carried by the _______ line of defense Right Ans
- first
Assurance functions are generally delivered by the ______ line of defense
Right Ans - third
The _______ line of defense includes compliance, ethics and risk management
and is intended to provide guidance. Right Ans - second
Establishing a risk management framework, providing awareness training,
and supervising overall risk management are responsibilities of the _______ line
of defense Right Ans - second
, Identifying, assessing and selecting responses for risk are part of operational
management, which is the ________ line of defense Right Ans - first
Implementing controls is part of ____ line of defense Right Ans - first
Testing controls for effectiveness and reporting to management are part of the
______ line of defense. Right Ans - third. this is an auditors job
Risk profile and risk factors are defined during the _________ process Right
Ans - risk assessment
Relevance risk is a composite form of business risk, requiring both ____________
and _____________ to be addressed for it to be reasonably controlled Right
Ans - integrity and availability
A lapsed insurance premium describes a _________ Right Ans - this is a
vulnerability
_______________ (type of personel/position/title) are the best to manage and
execute an enterprise's risk management program because they are the most
centrally located within the organizational hierarchy, and they combine a
sufficient breadth of influence with adequate proximity to day-to-day
operations. Right Ans - mid level managers
In a _________ organizational structure, decisions are made by each division
(sales, human resources, etc.). In this kind of organization, different and
perhaps conflicting IT policies can be developed. Right Ans - decentralized
In a __________ organizational structure, each geographic area, or each product
or service, will have its own group. Right Ans - divisional
A _____________ is responsible for consulting on risk and recommending possible
solutions for risk responses Right Ans - risk practitioner/advisor
Control owners own controls but don't make the decision on which control to
use Right Ans - Control owners own controls but don't make the decision
on which control to use
________ is accountable for a risk treatment plan. Right Ans - risk owner
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