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Exam CRISC topic 1 question 115 discussion

Actual exam question from Isaca's CRISC
Question #: 115
Topic #: 1
[All CRISC Questions]

Which of the following are the principles of risk management?
Each correct answer represents a complete solution. (Choose three.)

  • A. Risk management should be an integral part of the organization
  • B. Risk management should be a part of decision-making
  • C. Risk management is the responsibility of executive management
  • D. Risk management should be transparent and inclusive
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Suggested Answer: ABD 🗳️
The International Organization for Standardization (ISO) identifies the following principles of risk management. Risk management should:
✑ create value
✑ be an integral part of organizational processes
✑ be part of decision making
✑ explicitly address uncertainty
✑ be systematic and structured
✑ be based on the best available information
✑ be tailored
✑ take into account human factors
✑ be transparent and inclusive
✑ be dynamic, iterative, and responsive to change
be capable of continual improvement and enhancement
by xymavu at April 4, 2025, 6:51 p.m.

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