When assessing the impact of a new regulatory requirement, which of the following should be the FIRST course of action?
Suggested Answer: C
Get Premium CGEIT Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
12 comments · newest first
LE
Leota
11 months ago
Agreed, C is the right move!
ER
Eric
12 months ago
Wait, shouldn't we check if the regulation even applies to us first?
BE
Bette
12 months ago
Definitely C! It sets the foundation for everything else.
KA
Kanisha
12 months ago
I think assessing the budget impact should come first.
PA
Pa
1 year ago
Mapping the regulation to business processes is key!
KA
Kaycee
1 year ago
I’m leaning towards mapping the regulation to business processes first, but I can’t recall if there was a specific order we practiced in class.
LA
Latrice
1 year ago
Updating IT policies seems important, but I feel like we should understand the regulation fully before doing that.
DE
Desire
1 year ago
I think the first step should be to map the regulation to business processes, but I'm not entirely sure if that's the right approach.
LE
Leila
1 year ago
I remember a practice question where we had to assess the impact first before making any updates. So, maybe assessing the budget impact is crucial?
RE
Reta
1 year ago
Okay, I've got this. First, find the echo command, then add the schedule to the crontab. Piece of cake!
LU
Luisa
1 year ago
Hmm, I'm a bit confused by the wording here. Let me re-read it a few times to make sure I understand what's being asked.
PA
Paris
1 year ago
I've got this one! The Yellow Book requires auditors to report on both the scope of internal control testing and any noteworthy accomplishments of the program. I'm confident that option C is the correct answer here.