exam questions

Exam CRISC All Questions

View all questions & answers for the CRISC exam

Exam CRISC topic 1 question 554 discussion

Actual exam question from Isaca's CRISC
Question #: 554
Topic #: 1
[All CRISC Questions]

A risk owner should be the person accountable for:

  • A. implementing actions
  • B. managing controls
  • C. the risk management process
  • D. the business process
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
aselunar
Highly Voted 3 years, 11 months ago
Should be Managing Controls. According to the ISACA Glossary: Risk owner The person in whom the organization has invested the authority and accountability for making risk-based decisions and who owns the loss associated with a realized risk scenario. Scope Notes: The risk owner may not be responsible for the implementation of risk treatment. https://www.isaca.org/resources/glossary
upvoted 6 times
Ics2Pass
3 years, 9 months ago
I think the answer is C
upvoted 3 times
...
Ramye
3 years, 9 months ago
May not be responsible but accountable for implementing actions
upvoted 1 times
...
...
faed87a
Most Recent 1 month, 2 weeks ago
Selected Answer: D
risk owner should be the person accountable for the business process affected by the risk, ensuring they can assess, escalate, and make informed decisions about mitigation strategies
upvoted 1 times
...
faed87a
1 month, 2 weeks ago
Selected Answer: D
A risk owner is like a business unit manager who is responsible for ensuring their operations run smoothly with minimal risk. They own the risk because it affects their process, but the actual mitigation steps (such as security controls or policy enforcement) may be carried out by other teams.
upvoted 1 times
...
reverse01
9 months, 3 weeks ago
D. The risk owner is typically the person who is accountable for the business process that is affected by the risk. This person has the authority and responsibility to manage the risk and ensure that appropriate risk responses are implemented.
upvoted 1 times
...
Staanlee
1 year, 8 months ago
Selected Answer: A
A. Implementing actions. A risk owner is the person who is accountable for "A. implementing actions." This includes overseeing the execution of risk response plans, ensuring that appropriate controls are put in place, and managing the activities needed to mitigate or manage the identified risks. The risk owner is responsible for making sure that the agreed-upon actions are carried out effectively to address the risks. While other options (managing controls, the risk management process, the business process) can be related to various aspects of risk management, the primary accountability of a risk owner is to ensure that the necessary actions are taken to address and manage the identified risks.
upvoted 1 times
...
mraiyan
1 year, 10 months ago
Selected Answer: C
Risk owner is accountable for the whole risk management process( for the assigned risk) from A-Z from identification to monitoring. Responsibilities fall under different teams.
upvoted 2 times
reverse01
9 months, 3 weeks ago
The risk professional is responsible for the risk management process, but the risk owner, the individual to whom the risk was assigned is also the one responsible for the the that business process because they have more knowledge of the process.
upvoted 1 times
...
...
Julianleehk
2 years ago
should be B
upvoted 1 times
...
CbtL
2 years, 1 month ago
Selected Answer: A
Selected A.
upvoted 1 times
...
john_boogieman
2 years, 2 months ago
Selected Answer: A
'A' correct.
upvoted 2 times
...
GRamos
2 years, 4 months ago
Risk owner is accountable for the implementation. He is not responsible but accountable. RACI .
upvoted 2 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
Loading ...
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago