IIA Exam IIA-CFSA Topic 4 Question 42 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 42
Topic #: 4

[All IIA-CFSA Questions]

To limit strategic risk management should ensure proper balance between the:

AMortgage company's willingness to accept risk and its supporting resources and control

BInternal operations and possibility of litigation

CManagerial capacities and capabilities and delivery networks

DAll of these

Show Suggested Answer

Suggested Answer: D

by Minna at Dec 14, 2023, 09:48 PM

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Bette

2 months ago

Whoa, this is a real brain-teaser! I'm just hoping the correct answer isn't something like 'All of the above, plus a unicorn and a magical crystal ball.'

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Alex

2 months ago

I'm going with C. Managerial skills and delivery networks are where it's at. As long as your managers can handle it and your supply chain is on point, what could go wrong?

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Shay

23 days ago

True, but I still think D is the most comprehensive answer.

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Doretha

30 days ago

But what about A? The willingness to accept risk is important too.

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Ozell

1 months ago

I agree with you, D seems like the safest choice.

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Glenna

1 months ago

I think D is the best option. It covers all bases.

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Casie

2 months ago

B sounds good to me. Keeping internal operations smooth and avoiding litigation is crucial for managing strategic risk. Who needs a balanced approach when you can just avoid the courts?

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Johnetta

2 months ago

D, of course! Gotta cover all the bases when it comes to strategic risk management. Can't leave any stones unturned.

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Bo

22 days ago

D, of course! Gotta cover all the bases when it comes to strategic risk management. Can't leave any stones unturned.

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Rochell

23 days ago

D) All of these

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Linsey

27 days ago

C) Managerial capacities and capabilities and delivery networks

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Moon

1 months ago

B) Internal operations and possibility of litigation

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Hyun

2 months ago

A) Mortgage company's willingness to accept risk and its supporting resources and control

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Rodolfo

3 months ago

I'm not sure, but D could also be a possibility.

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Glenna

3 months ago

I agree with Ashleigh, A seems like the best option.

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Novella

3 months ago

This is a tricky one. I'd say A is the best answer, as the mortgage company needs to balance its risk appetite with its resources and controls to manage strategic risk effectively.

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Elouise

2 months ago

User 2: Yeah, I agree. It's all about finding that balance to effectively manage strategic risk.

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Nan

2 months ago

User 1: I think A is the best answer too. It's important for the mortgage company to consider its willingness to accept risk along with its resources and control.

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