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Exam CRISC topic 1 question 743 discussion

Actual exam question from Isaca's CRISC
Question #: 743
Topic #: 1
[All CRISC Questions]

Accountability for a particular risk is BEST represented in a:

  • A. risk register.
  • B. RACI matrix.
  • C. risk catalog.
  • D. risk scenario.
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Suggested Answer: B 🗳️

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Staanlee
8 months ago
Selected Answer: B
B. RACI matrix. Accountability for a particular risk is best represented in a RACI matrix, which stands for Responsible, Accountable, Consulted, and Informed. In this matrix, the "A" stands for "Accountable," and it designates the person or role that is ultimately responsible and accountable for managing or addressing the specific risk. This matrix helps clarify roles and responsibilities in risk management and other organizational processes.
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jennarink13
11 months ago
A for me. Risk register would indicate the OWNER (Accountable) of a PARTICULAR RISK. While RACI Matrix indicates the roles and responsibilities of each stakeholder's for risk management activities and NOT specifically the RISK itself.
upvoted 1 times
jennarink13
11 months ago
Also, RACI is too general to establish ownership. Refer to QAE 6th edition, D3-#5, letter C explanation
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Koulyo
1 year ago
Selected Answer: A
between A and B i bank on A. (ISACA loves RR).
upvoted 1 times
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CbtL
1 year ago
Selected Answer: B
The question seems to be focusing on a particular risk. A risk register will have the risk owner, and they are accountable. RACIs are specifically there to spell out who is accountable. So most likely the answer is B.
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Koulyo
1 year ago
i guess to answer the question is to decide when there is a difference between the RACI and RR. which one is more final and formal? i opt for A the Risk Register.
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john_boogieman
1 year, 2 months ago
Selected Answer: B
Change for 'B', reason: Accountability for a particular risk is BEST represented in a RACI matrix. The RACI matrix is a tool used to clarify and communicate the roles and responsibilities of different individuals or groups in relation to specific tasks or decisions. The acronym RACI stands for Responsible, Accountable, Consulted, and Informed, and is used to describe the level of involvement or responsibility of each person or group involved in a particular process or activity. By clearly assigning accountability for specific risks in the RACI matrix, everyone involved in the risk management process will know who is responsible for managing each risk and can take appropriate action if necessary. The risk register, on the other hand, is a document that records all identified risks and associated information, such as risk owners, risk impacts, and risk mitigation strategies. While the risk register is a useful tool for tracking and managing risks, it does not specifically assign accountability for each risk.
upvoted 1 times
CbtL
1 year ago
The risk owner is accountable for the risk, though.
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john_boogieman
1 year, 3 months ago
Selected Answer: A
A RACI matrix has a more global focus within the risk management process, it is in the risk register where the owner of the risk that has accountability is truly identified.
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AllaAlla
2 years, 2 months ago
realy A answer
upvoted 1 times
Ceecil1959
2 years, 1 month ago
I think you don't even know what a RACI chart is. (Responsible, Accountable, Consult, Information). Hence, B is correct.
upvoted 4 times
GRamos
1 year, 4 months ago
A RACI chart can have multiple name. In a Risk Register only one person should be responsible.
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AllaAlla
2 years, 1 month ago
The use of a RACI model can assist in outlining the roles and responsibilities of the various stakeholders. The purpose of a RACI model is to clearly show the relationships between the various stakeholders, the interaction between the stakeholders and the roles that each stakeholder plays in the successful completion of the risk management effort.
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AllaAlla
2 years, 1 month ago
Yes, you are rigth! B is the answer, i checked Manual.
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Raj1510
2 years, 3 months ago
Accountability of particular risk mentioned in risk register. answer A
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