Exam 350-201 topic 1 question 76 discussion

Key risk indicators (KRIs) provide a clear perspective into the risk position of an organization. KRIs are metrics used to proactively measure risks that a business may face. They serve as early warning signs of upcoming crises, which can provide an organization's management team time to create an action plan to mitigate that risk's potential impact or prevent it from occurring2.

A. clear perspective into the risk position of an organization

A. Clear perspective into the risk position of an organization is a benefit of key risk indicators (KRIs). KRIs are quantifiable metrics used to measure and monitor risks and their associated impact on an organization. By using KRIs, organizations can gain greater insight and understanding of their risk position, helping them to identify potential issues and take steps to mitigate them before they become a problem. KRIs provide an objective and measurable way to evaluate risk, giving organizations greater visibility into their overall risk posture. - CHATGPT

A is correct answer. https://www.metricstream.com/insights/Key-Risk-indicators-ERM.htm#:~:text=Risk%20Management%20(ERM)-,Overview,and%20mitigate%20them% 20in%20time