Study guides, Class notes & Summaries

CRISC REVIEW QUESTIONS AND ANSWERS

CRISC EXAM QUESTIONS AND ANSWERS

CRISC FULL EXAM QUESTIONS AND ANSWERS

CRISC EXAM QUESTIONS AND ANSWERS

CRISC Exam Questions and Answers 100% Pass FMEA - Answer- failure modes effects analysis BPM - Answer- business process modeling SPC - Answer- statistical process control cusum - Answer- cumulative summary. each value is added for a cummulative total. EL - Answer- expected loss BCP - Answer- business continuity planning CSF - Answer- critical success factor ERM - Answer- enterprise risk management RCSA - Answer- risk control self assessment COSO - Answer- committee of sponsoring organi...

CRISC Exam Questions & Answers 2023/2024

CRISC Exam Questions & Answers 2023/2024 Organizational Objectives - ANSWER-While defining risk management strategies, a risk practitioner needs to analyze the organization's objectives and risk tolerance and define a risk management framework based on this analysis. Some organizations may accept known risk, while others may invest in and apply mitigating controls to reduce risk Retention Policy - ANSWER-Information that is no longer required should be analyzed under the retention polic...

CRISC Exam Guide - Chapter 2- Threats and Vulnerabilities Questions & Answers 2023/2024 Threat assessment - ANSWER-Develops a comprehensive list of all the possible threats to an asset, organization, or business process. Vulnerability assessment - ANSWER-Looks at asset, processes, or other element in an organization and determines its weaknesses. For a negative event or action to materialize and cause risk to an organization or system, what other factor must be present? - ANSWER-Vulne...

CRISC EXAM TOPIC 2 LONG QUESTIONS & ANSWERS 2023/2024 Question #:2 - (Exam Topic 2) A recent audit identified high-risk issues in a business unit though a previous control self-assessment (CSA) had good results. Which of the following is the MOST likely reason for the difference? A. The audit had a broader scope than the CSA. B. The CSA was not sample-based. C. The CSA did not test control effectiveness. D. The CSA was compliance-based, while the audit was risk-based. - ANSWER-D. The...

CRISC Review Questions & Answers 2023/2024 R1-1 Which of the following is MOST important to determine when defining risk management strategies? A. Risk assessment criteria B. IT architecture complexity C. An enterprise disaster recovery plan D. Business objectives and operations - ANSWER-D is the correct answer. Justification: A. Information on the internal and external environment must be collected to define a strategy and identify its impact. Risk assessment criteria alone are not ...