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[General] CRISC Online Training Materials & Valid Test CRISC Testking

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【General】 CRISC Online Training Materials & Valid Test CRISC Testking

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ISACA CRISC (Certified in Risk and Information Systems Control) Exam is a certification exam for professionals who are seeking to demonstrate their expertise in the field of risk management and information systems control. Certified in Risk and Information Systems Control certification is offered by the Information Systems Audit and Control Association (ISACA), which is a global organization that provides guidance, certifications, and training for professionals in the information technology (IT) field. The CRISC certification is highly respected and recognized in the industry, and passing the exam can help individuals advance their careers in IT risk management and information systems control.
ISACA CRISC Exam is widely recognized as one of the most challenging and rigorous certification exams in the IT industry. CRISC exam covers a wide range of topics related to risk management and information systems control, including risk identification and assessment, risk response and mitigation, information security and compliance, and IT governance. To pass the exam, candidates must demonstrate a deep understanding of these topics, as well as the ability to apply this knowledge to real-world situations.
Valid Test CRISC Testking - Vce CRISC ExamThere are many merits of our product on many aspects and we can guarantee the quality of our CRISC practice engine. Firstly, our experienced expert team compile them elaborately based on the real exam and our CRISC study materials can reflect the popular trend in the industry and the latest change in the theory and the practice. Secondly, both the language and the content of our CRISC Study Materials are simple,easy to be understood and suitable for any learners.
The CRISC Certification is particularly valuable for professionals who oversee and manage IT systems and security. It provides them with the knowledge and skills necessary to identify and mitigate risks related to information technology, ensuring that sensitive data remains secure and protected. Certified in Risk and Information Systems Control certification also helps professionals to understand the impact of technology risks on business operations, enabling them to develop effective risk management strategies.
ISACA Certified in Risk and Information Systems Control Sample Questions (Q1734-Q1739):NEW QUESTION # 1734
Which of the following are the principles of risk management?
Each correct answer represents a complete solution. Choose three.
  • A. Risk management should be transparent and inclusive
  • B. Risk management is the responsibility of executive management
  • C. Risk management should be a part of decision-making
  • D. Risk management should be an integral part of the organization
Answer: A,C,D
Explanation:
Explanation/Reference:
Explanation:
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


NEW QUESTION # 1735
A risk practitioner has collaborated with subject matter experts from the IT department to develop a large list of potential key risk indicators (KRIs) for all IT operations within the organization Of the following, who should review the completed list and select the appropriate KRIs for implementation?
  • A. IT auditors
  • B. IT security managers
  • C. IT risk owners
  • D. IT control owners
Answer: C

NEW QUESTION # 1736
Which of the following should be the MOST important consideration for senior management when developing a risk response strategy?
  • A. Cost of controls
  • B. Risk tolerance
  • C. Probability definition
  • D. Risk appetite
Answer: D
Explanation:
Risk response strategy is the approach that an organization takes to address the risks that it faces across its various functions, processes, and activities. Risk response strategy involves selecting and implementing the appropriate risk response options, such as avoidance, mitigation, transfer, or acceptance, for each risk, based on the risk level, the risk appetite, and the cost-benefit analysis1.
The most important consideration for senior management when developing a risk response strategy is the risk appetite of the organization. Risk appetite is the amount and type of risk that an organization is willing to accept in order to achieve its objectives. Risk appetite reflects the organization's risk attitude and its willingness to take on risk in specific scenarios. Risk appetite is usually expressed in a qualitative statement approved by the board of directors2.
Considering the risk appetite of the organization is essential for developing a risk response strategy, because it can help to:
* Align the risk response strategy with the overall business strategy and vision, and ensure that the risk response options support the achievement of the organizational objectives
* Balance the risk response strategy with the expected benefits and opportunities, and ensure that the risk response options do not eliminate or reduce the potential value or performance of the organization
* Enhance the risk response strategy with the stakeholder expectations and requirements, and ensure that the risk response options meet the needs and interests of the customers, suppliers, partners, regulators, and other parties
* Optimize the risk response strategy with the available resources and capabilities, and ensure that the risk response options are feasible and cost-effective for the organization34 The other options are not as important as the risk appetite of the organization for developing a risk response strategy, but rather some of the factors or outcomes of it. Cost of controls is the amount of resources and funds that are required to implement and maintain the risk response controls, such as policies, procedures, or technologies, that aim to prevent or reduce the negative effects of the risks. Cost of controls is a factor that can affect the selection and implementation of the risk response options, but it is not the primary consideration for developing the risk response strategy. Risk tolerance is the acceptable variation in the outcomes related to specific objectives or risks. Risk tolerance is a factor that can measure the risk analysis and guide the risk response, but it is not the primary consideration for developing the risk response strategy. Probability definition is the process of estimating the likelihood or frequency of the risk events, based on historical data, statistical analysis, expert judgment, or other methods. Probability definition is an outcome of the risk analysis that can inform the risk response, but it is not the primary consideration for developing the risk response strategy. References =
* Risk Response - ISACA
* Risk Appetite vs. Risk Tolerance: What is the Difference? - ISACA
* Risk Response Strategies: Types & Examples (+ Free Template)
* Risk Response Strategy - ISACA
* [CRISC Review Manual, 7th Edition]

NEW QUESTION # 1737
You work as a project manager for BlueWell Inc. You are preparing to plan risk responses for your project with your team. How many risk response types are available for a negative risk event in the project?
  • A. 0
  • B. 1
  • C. 2
  • D. 3
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Four risk response options are there to deal with negative risks or threats on the project objectives- avoid, transfer, mitigate, and accept.
Risk avoidance

Risk mitigation

Risk transfer

Risk acceptance

Incorrect Answers:
A, B ,C: These are incorrect choices as only 4 risk response are available to deal with negative risks.

NEW QUESTION # 1738
Which of the following is the PRIMARY reason that risk management is important in project management?
  • A. It helps to ensure project acceptance by end users.
  • B. It helps identify and mitigate potential issues that could derail projects.
  • C. It reduces the risk associated with potential project scope creep.
  • D. It facilitates agreement and collaboration on project goals among stakeholders.
Answer: B
Explanation:
Risk management in project management is crucial for identifying and mitigating potential issues that could jeopardize project success. By proactively addressing risks, project managers can ensure that projects are completed on time, within budget, and meet quality standards.
Reference:ISACA CRISC Review Manual, 7th Edition, Chapter 1: Governance, Section: Risk Management in Project Management.

NEW QUESTION # 1739
......
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