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IIA Exam IIA-CIA-Part3-3P Topic 11 Question 29 Discussion

Actual exam question for IIA's IIA-CIA-Part3-3P exam
Question #: 29
Topic #: 11
[All IIA-CIA-Part3-3P Questions]

Which of the following is an example of a risk avoidance response?

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Suggested Answer: B

by Georgene at Aug 06, 2023, 10:28 AM

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Shantell
2 months ago
Outsourcing a high-risk process? Bold move, but I bet it comes with some serious popcorn-worthy drama. I'm into it.
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Sommer
26 days ago
C) Selling a non-strategic business unit.
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Kathrine
2 months ago
B) Hedging against natural gas price fluctuations.
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Bulah
2 months ago
A) Buying an insurance policy to protect against loss events.
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Sarah
2 months ago
Selling a non-strategic business unit? Sounds like a strategic move to me. Streamlining the portfolio, I like it.
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Yasuko
1 months ago
D) Outsourcing a high risk process to a third party.
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Nakita
1 months ago
C) Selling a non-strategic business unit.
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Karina
1 months ago
B) Hedging against natural gas price fluctuations.
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Raelene
2 months ago
A) Buying an insurance policy to protect against loss events.
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Jordan
3 months ago
Hedging against price fluctuations is a smart move. It's like playing chess with the market - always thinking a few steps ahead.
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Yvette
1 months ago
D) Outsourcing a high risk process to a third party.
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Eleonora
2 months ago
B) Hedging against natural gas price fluctuations.
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Casie
2 months ago
A) Buying an insurance policy to protect against loss events.
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Sina
3 months ago
Buying insurance to protect against loss events seems like the safest bet. You can't go wrong with that!
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Maurine
2 months ago
True, sometimes getting rid of non-strategic assets can reduce risk exposure.
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Jose
2 months ago
C) Selling a non-strategic business unit.
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Elmer
2 months ago
That's a smart move, insurance can definitely help mitigate risks.
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Chu
2 months ago
D) Outsourcing a high risk process to a third party.
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Dahlia
3 months ago
Yes, buying insurance is a good way to avoid risks.
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Jade
3 months ago
A) Buying an insurance policy to protect against loss events.
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Willis
3 months ago
A) Buying an insurance policy to protect against loss events.
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Juan
3 months ago
I'm not sure, but I think C) Selling a non-strategic business unit could also be a risk avoidance response.
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Man
3 months ago
I agree with Dwight, because buying insurance helps avoid financial risks.
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Dwight
3 months ago
I think the answer is A) Buying an insurance policy.
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