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IIA Exam IIA-CCSA Topic 2 Question 62 Discussion

Actual exam question for IIA's IIA-CCSA exam
Question #: 62
Topic #: 2
[All IIA-CCSA Questions]

A process to identify events potentially affecting the entity and manage risk within its risk appetite is known as:

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Suggested Answer: B

by Malinda at Jul 26, 2023, 06:16 AM

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Chantell
3 months ago
Stricter Risk Disclosure? Sounds like a job for the company's spin doctors. 'Everything is fine, nothing to see here.'
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Alayna
1 months ago
D) Risk Management Strategy
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Margarett
1 months ago
B) Stricter Risk Disclosure
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Jamie
2 months ago
A) Enterprise Risk Management
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Gerald
3 months ago
Risk Management Strategy? More like 'hope for the best and pray the company doesn't go bankrupt'.
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Filiberto
3 months ago
Overlapping Risk Classification? Sounds like a surefire way to end up in a tangled web of bureaucracy. I'll pass on that one.
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Leonida
25 days ago
D: Risk Management Strategy is crucial for making informed decisions and protecting the entity from potential risks.
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Richelle
26 days ago
C: Stricter Risk Disclosure is also important to ensure transparency and accountability.
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Marylyn
28 days ago
B: I agree, Enterprise Risk Management is essential for any organization to operate smoothly.
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Lorean
28 days ago
A: Enterprise Risk Management is the way to go. It helps identify and manage risks effectively.
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Renato
1 months ago
Laine: Definitely, having a clear risk management strategy is key.
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Vallie
1 months ago
User 3: Yeah, that makes sense. It's important to manage risk within the entity's risk appetite.
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Laine
1 months ago
User 2: I think the answer is A) Enterprise Risk Management.
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Gail
3 months ago
User 1: I agree, overlapping risk classification sounds confusing.
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Oliva
3 months ago
I'm not sure, but I think D) Risk Management Strategy could also be a valid option.
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Lacresha
3 months ago
I agree with Maurine, because ERM helps in identifying and managing risks effectively.
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Pearly
3 months ago
Option A is the way to go. Gotta keep those risks in check before the whole operation goes up in flames.
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Shayne
2 months ago
Let's make sure we prioritize implementing a strong risk management strategy.
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Glenna
2 months ago
Enterprise Risk Management helps us stay within our risk appetite and avoid any major disasters.
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Gertude
3 months ago
It's crucial to identify and manage potential risks before they escalate.
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Levi
3 months ago
I agree, we need to have a solid Enterprise Risk Management system in place.
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Marg
3 months ago
Enterprise Risk Management? Sounds like a fancy way to say 'don't let the company's house of cards collapse'.
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Maurine
4 months ago
I think the answer is A) Enterprise Risk Management.
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