D. Continuous monitoring.
The most effective way for a business operations manager to identify events exceeding risk thresholds is "D. Continuous monitoring." Continuous monitoring involves real-time or near-real-time monitoring of systems, processes, and activities to detect and respond to events that may exceed predefined risk thresholds. This proactive approach allows for timely identification and intervention to prevent or mitigate adverse events.
While the other options (control self-assessment, benchmarking against peers, transaction logging) can provide valuable insights and contribute to risk management efforts, continuous monitoring provides the most timely and dynamic method for identifying events that may impact risk thresholds.
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