MENU
In a public company, which group is PRIMARILY accountable for ensuring sufficient attention and resources are applied to the risk management process?
Suggested Answer: A
Get Premium CRISC Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
19 comments · newest first
IL
Iluminada
10 months ago
I don’t know, line management has to be involved, right?
MA
Maile
10 months ago
I think senior management plays a huge role too.
CO
Corinne
10 months ago
Totally agree, the board has the final say on risk management!
EV
Evelynn
10 months ago
Wait, are you sure it's not the risk officers?
DO
Domonique
11 months ago
Definitely the board of directors! They set the tone.
LA
Layla
11 months ago
I’m leaning towards risk officers, but I recall the emphasis on the board's accountability in our last review session.
HA
Hana
11 months ago
I feel like line management plays a role too, but I don't think they're the primary group. It's probably the board.
CA
Camellia
11 months ago
I remember a practice question where it mentioned senior management being responsible for risk management. Could it be them instead?
FA
Fausto
12 months ago
I think the board of directors is primarily accountable, but I'm not entirely sure. We discussed their oversight role in class.
DA
Daren
12 months ago
The board of directors is a good guess, but I believe the senior management team is ultimately responsible for overseeing the risk management process.
CA
Carmen
12 months ago
Based on my understanding, the correct answer is line management. They are responsible for identifying, assessing, and managing risks in their day-to-day operations.
LA
Laurel
1 year ago
Hmm, I'm not entirely sure about this one. I'll need to think it through carefully before answering.
RI
Rickie
1 year ago
I think the board of directors is primarily accountable for ensuring sufficient attention and resources are applied to the risk management process in a public company.
AR
Armanda
1 year ago
I think Line management plays a crucial role in applying resources to risk management.
PO
Polly
1 year ago
I believe Senior management is also responsible for ensuring attention to risk management.
AR
Argelia
1 year ago
I agree with Emeline, the Board of directors should oversee risk management.
GI
Gilbert
1 year ago
Clearly, the board of directors is the group that is primarily accountable for risk management. They set the overall strategy and tone at the top.
LI
Lisbeth
1 year ago
A) Board of directors
EM
Emeline
1 year ago
I think the Board of directors is primarily accountable.