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Exam CRISC topic 1 question 990 discussion

Actual exam question from Isaca's CRISC
Question #: 990
Topic #: 1
[All CRISC Questions]

Which of the following is MOST important for mitigating ethical risk when establishing accountability for control ownership?

  • A. Ensuring processes are documented to enable effective control execution
  • B. Ensuring schedules and deadlines for control-related deliverables are strictly monitored
  • C. Ensuring performance metrics balance business goals with risk appetite
  • D. Ensuring regular risk messaging is included in business communications from leadership
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Suggested Answer: A 🗳️

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01010100
9 months ago
Selected Answer: C
Ethical risk often involves the potential for decisions or actions that compromise ethical standards, potentially leading to damaging outcomes for the organization. When establishing accountability for control ownership, and specifically for mitigating ethical risk.
upvoted 1 times
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mynk29
1 year, 1 month ago
Selected Answer: B
Key word is ethical risk.. an example of ethical risk is questionable use of comapany tech. How do you mitigate the ethical risk for a control ownership- by installing preventative/detective controls such as monitoring the usage. I respectfully disagree with Koulyo as ethical risk is similar to insider threat.. user awareness (informing control owners and incentivising them) may not work as users are intentionally doing the wrong things.
upvoted 1 times
mynk29
1 year, 1 month ago
thinking again, this is a risk identification domain and NOT risk monitoring.. also read this from manual "To address the risk of a person violating the ethics policy of the organization, senior management must communicate policy to everyone and ensure that it is both visibly enforced and equally applicable to people at all levels of authority. Ethics policies that are unenforced or applied selectively are ineffective in directing behavior. " So it is indeed A since it talks about documentation policies. Sorry. :)
upvoted 1 times
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CbtL
1 year, 2 months ago
Selected Answer: A
Agree it is A.
upvoted 1 times
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Koulyo
1 year, 3 months ago
why not C? The MOST important factor for mitigating ethical risk when establishing accountability for control ownership among the given choices would be C. Ensuring performance metrics balance business goals with risk appetite. When establishing accountability for control ownership, it is important to ensure that performance metrics are in place that balance business goals with risk appetite. This means that the control owners should be incentivized to achieve business goals, but not at the expense of ethical considerations or risk management.
upvoted 3 times
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john_boogieman
1 year, 4 months ago
Selected Answer: A
Agree.
upvoted 1 times
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A (35%)
C (25%)
B (20%)
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