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IIA Exam IIA-CRMA Topic 4 Question 93 Discussion

Actual exam question for IIA's IIA-CRMA exam
Question #: 93
Topic #: 4
[All IIA-CRMA Questions]

According to the COSO enterprise risk management (ERM) framework, which of the following is not part of the new paradigm in ERM?

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Suggested Answer: B

by Pilar at Nov 19, 2024, 08:43 AM

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Carin
3 months ago
Wait, is the new ERM paradigm like the old one, but with more glitter and confetti? Asking for a friend who's hoping to win the 'most creative risk response' award.
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Glendora
1 months ago
C) Enhancing risk response decisions.
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Marta
1 months ago
B) Aligning risk appetite and strategy.
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Julieta
2 months ago
A) Assessing the risk factors.
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Edelmira
3 months ago
Oh man, these ERM questions can be a real brain-teaser. I'm gonna go with B. Aligning risk appetite and strategy - that seems like it would be a key part of the new ERM approach.
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Charlesetta
3 months ago
If I had to guess, I'd say A. Assessing the risk factors is the odd one out here. ERM is all about managing risks, not just identifying them.
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Lorean
1 months ago
Hmm, interesting perspectives. I'm leaning towards B. Aligning risk appetite and strategy as the answer.
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Niesha
2 months ago
I see your point, but I still think it's A. Assessing the risk factors doesn't quite fit with the other components.
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Bong
2 months ago
I disagree, I believe it's C. Enhancing risk response decisions seems to be the odd one out.
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Reed
2 months ago
I think it's actually D. Reducing operational surprises and losses is not part of the new paradigm in ERM.
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Yvette
3 months ago
I agree with Malcom, D makes more sense because it focuses on minimizing unexpected events.
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Justa
3 months ago
Hmm, I think D. Reducing operational surprises and losses is the one that's not part of the new ERM paradigm. Gotta be careful with these tricky questions!
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Sherman
2 months ago
Yeah, I think D doesn't really fit with the other aspects of the new ERM paradigm.
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Tiera
2 months ago
I agree, D seems like the odd one out.
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Malcom
3 months ago
I disagree, I believe the correct answer is D) Reducing operational surprises and losses.
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Na
3 months ago
I'm pretty sure the correct answer is C. Enhancing risk response decisions, since that's part of the core ERM framework.
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Derrick
3 months ago
I'm leaning towards D as well. It's crucial to reduce operational surprises.
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Tawny
3 months ago
True, D is important as well. It's a tough choice between C and D.
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Arthur
3 months ago
But what about D? Reducing operational surprises and losses seems important too.
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Deeanna
3 months ago
I think you might be right, C does seem like a core part of ERM.
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Vanda
3 months ago
I think the answer is A) Assessing the risk factors.
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