Get Unlimited Contributor Access to the all ExamTopics Exams!
Take advantage of PDF Files for 1000+ Exams along with community discussions and pass IT Certification Exams Easily.
I think this should the Board Of Director. I think they must determine the Risk Appetite of the business and NOT the Business Units. The Business Units could be compensating?
accountable, business units, hence they determine appetite. Responsible, Board of Directors and senior leadership, They accept or reject the recommendation.
The risk appetite is typically determined by the Board of Directors, making option B the correct answer.
The Board of Directors holds the overall responsibility for setting the strategic direction and objectives of an organization, including its risk management approach. The risk appetite represents the level of risk that an organization is willing to accept in pursuit of its objectives. It reflects the organization's tolerance for risk and guides decision-making processes regarding risk management.
Answer is B. The risk appetite of an organization refers to the level of risk that an organization is willing to accept to achieve its objectives. This decision is typically made by senior management or the board of directors, as they are responsible for setting the overall strategic direction and risk tolerance of the organization. Business units, audit and compliance, and security may provide input into the risk appetite decision-making process, but they do not typically have the authority to make the final decision.
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Dzidzorli
Highly Voted 3 years, 9 months agoPerseus_68
Most Recent 3 weeks, 4 days agoLudikraut
8 months, 3 weeks agoarifbhatkar
9 months agoPika26
1 year agoMURY23
1 year, 1 month agoRufus1
2 years, 5 months agomat333
3 years, 3 months agoMrimbert
3 years, 3 months ago