Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

Acams Advanced-CAMS-Audit Exam - Topic 2 Question 25 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 25
Topic #: 2
[All Advanced-CAMS-Audit Questions]

Which statements demonstrate an effective use of risk appetite in an organization? (Select Two.)

Show Suggested Answer Hide Answer
Suggested Answer: B, E

Contribute your Thoughts:

0/2000 characters
Cheryll
2 days ago
Wait, are people really saying A is good? That’s surprising!
upvoted 0 times
...
Quentin
21 days ago
C is a bad idea. We need indicators for sure.
upvoted 0 times
...
Marvel
26 days ago
E makes total sense. Analyzing is key!
upvoted 0 times
...
Lavera
1 month ago
A seems too rigid. Business needs flexibility!
upvoted 0 times
...
Haley
1 month ago
I'm just hoping the exam doesn't ask about my risk-taking hobbies on the side. Yolo!
upvoted 0 times
...
Eleni
1 month ago
A is a trick question. Risk appetite should evolve with the business, not remain static.
upvoted 0 times
...
Timothy
2 months ago
D is a trap answer. Risk appetite and risk tolerance are not the same thing.
upvoted 0 times
...
Stefan
2 months ago
C is definitely wrong. Risk appetite needs clear indicators to monitor it.
upvoted 0 times
...
Mari
2 months ago
I recall a practice question where they mentioned the difference between risk appetite and risk tolerance, so I think D is definitely not correct.
upvoted 0 times
...
Merissa
2 months ago
I think E makes sense because analyzing those statements is crucial for understanding risk appetite, but I’m unsure about the specifics.
upvoted 0 times
...
Ernie
2 months ago
I'm a bit stumped on this one. The difference between risk appetite and risk tolerance is tripping me up. I think I'll go with B and E, but I'm not 100% sure.
upvoted 0 times
...
Daren
2 months ago
I feel pretty confident about this one. B and E are the correct answers. Risk appetite is about the level of risk an organization is willing to accept, not just tolerating it. Analyzing the statements is crucial to defining that appetite effectively.
upvoted 0 times
...
Delmy
3 months ago
Okay, I've got this. A and C are definitely wrong - risk appetite needs to be dynamic and have clear indicators to monitor it. D is also wrong, those terms aren't interchangeable. B and E are the way to go.
upvoted 0 times
...
Maryrose
3 months ago
B is spot on! Can't ignore the risk-averse mindset.
upvoted 0 times
...
Oliva
3 months ago
I'm not entirely sure, but I feel like A might not be right since businesses often need to adjust their risk appetite.
upvoted 0 times
...
Kirby
3 months ago
I think B and E are the best choices. They really highlight the need for discussion.
upvoted 0 times
...
Rozella
3 months ago
I remember we talked about how risk appetite should adapt to changing conditions, so I think B could be a good choice.
upvoted 0 times
...
Jenelle
4 months ago
B and E are the correct answers. Risk appetite should be discussed and adjusted as business conditions change.
upvoted 0 times
...
Blossom
4 months ago
Hmm, I think B and E are the right answers here. Risk appetite should be flexible and reviewed regularly, not kept static. And analyzing the statements is key to making them meaningful.
upvoted 0 times
...
Jaime
4 months ago
I'm not sure about this one. I think it has to do with how an organization defines its acceptable level of risk, but I'm a bit confused on the difference between "risk appetite" and "risk tolerance".
upvoted 0 times
...

Save Cancel