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Exam CRISC topic 1 question 211 discussion

Actual exam question from Isaca's CRISC
Question #: 211
Topic #: 1
[All CRISC Questions]

What are the steps that are involved in articulating risks? Each correct answer represents a complete solution. (Choose three.)

  • A. Identify business opportunities.
  • B. Identify the response
  • C. Communicate risk analysis results and report risk management activities and the state of compliance.
  • D. Interpret independent risk assessment findings.
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Suggested Answer: ACD 🗳️
Following are the tasks that are involved in articulating risk:
✑ Communicate risk analysis results.
✑ Report risk management activities and the state of compliance.
✑ Interpret independent risk assessment findings.
✑ Identify business opportunities.

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Ravnit
1 month, 3 weeks ago
Selected Answer: BCD
Identify the Response (B): Once risks are identified and analyzed, the next step is to determine appropriate actions to address them, such as mitigation, acceptance, or transfer. Communicate Risk Analysis Results and Report Risk Management Activities and the State of Compliance (C): Clear communication ensures that stakeholders understand the risks, the actions being taken, and how they align with compliance requirements. Interpret Independent Risk Assessment Findings (D): Leveraging independent assessments helps to validate internal analyses and refine risk responses. A. Identify business opportunities is not directly related to articulating risks but rather involves leveraging risks as opportunities in strategic planning
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