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Exam CRISC topic 1 question 1196 discussion

Actual exam question from Isaca's CRISC
Question #: 1196
Topic #: 1
[All CRISC Questions]

Which of the following is the MOST important objective from a cost perspective for considering aggregated risk responses in an organization?

  • A. Reduce likelihood
  • B. Address more than one risk response
  • C. Prioritize risk response options
  • D. Reduce impact
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Suggested Answer: B 🗳️

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CbtL
8 months, 1 week ago
Agree with B.
upvoted 1 times
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john_boogieman
10 months, 3 weeks ago
Selected Answer: B
Address more than one risk response. Aggregating risk responses enables an organization to tackle multiple risks simultaneously, reducing the total cost of risk management. By addressing multiple risks with a single response, the organization can realize economies of scale and reduce the overall cost of managing risks. Prioritizing risk response options is also important, but it is not the primary objective when considering aggregated risk responses from a cost perspective.
upvoted 3 times
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blokey
1 year, 1 month ago
How is combining risk responses going to prioritize individual risk response options?
upvoted 1 times
CbtL
8 months, 1 week ago
There's actually mention of this in the 7th edition review manual. Cannot find it to save my life right now, so can't provide page number or quote, sorry.
upvoted 1 times
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