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Isaca Exam CRISC Topic 1 Question 76 Discussion

Actual exam question for Isaca's CRISC exam
Question #: 76
Topic #: 1
[All CRISC Questions]

In an organization where each division manages risk independently, which of the following would BEST enable management of risk at the enterprise level?

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Suggested Answer: A

by Darrel at May 30, 2024, 06:04 AM

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Buck
2 days ago
Ah, the age-old question of 'which risk management solution is the best?' It's like trying to pick the perfect flavor of ice cream - they're all delicious in their own way!
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Raina
5 days ago
An updated risk tolerance metric? Really? I feel like that's just putting a band-aid on the problem. We need a more comprehensive approach to enterprise-wide risk management.
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Leonardo
7 days ago
I disagree, a list of control deficiencies would be a great starting point. That way, we can address the gaps in our risk management processes before worrying about policies and metrics.
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Alva
9 days ago
Hmm, I'm not so sure about that. A standardized risk taxonomy seems like it would be a more practical solution to enable consistent risk identification and assessment across the divisions.
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Chana
1 months ago
I'm not sure about that. I think C) An enterprise risk ownership policy could also be a good option to ensure accountability for managing risk across the organization.
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Patria
1 months ago
I think an enterprise risk ownership policy would be the best option to manage risk at the enterprise level. This would clearly define roles and responsibilities for risk management across the organization.
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Tayna
1 months ago
I agree with Ethan. Having a standardized risk taxonomy would help manage risk at the enterprise level by providing a common language for all divisions.
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Ethan
1 months ago
I think the answer is A) A standardized risk taxonomy.
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