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Exam CRISC topic 1 question 1414 discussion

Actual exam question from Isaca's CRISC
Question #: 1414
Topic #: 1
[All CRISC Questions]

The PRIMARY reason to implement a formalized risk taxonomy is to:

  • A. reduce subjectivity in risk management
  • B. comply with regulatory requirements
  • C. demonstrate best industry practice
  • D. improve visibility of overall risk exposure
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Suggested Answer: A 🗳️
by hassansh111 at Oct. 29, 2023, 11:16 p.m.

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faed87a
1 month ago
Selected Answer: A
By clearly defining risk categories, roles, and responsibilities, risk practitioners can more effectively identify and assess risks without bias or personal interpretation, leading to more consistent and accurate decisions
upvoted 1 times
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K5000ism
10 months, 1 week ago
Selected Answer: A
A. reduce subjectivity in risk management
upvoted 2 times
...
GambleJai
10 months, 2 weeks ago
Selected Answer: D
Never should be A
upvoted 1 times
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hassansh111
1 year ago
Should be D
upvoted 1 times
...
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C (25%)
B (20%)
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