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Isaca CRISC Exam - Topic 4 Question 115 Discussion

What is senior management's role in the RACI model when tasked with reviewing monthly status reports provided by risk owners?
A) Accountable
B) Informed
C) Responsible
D) Consulted

Isaca CRISC Exam - Topic 4 Question 115 Discussion

Actual exam question for Isaca's CRISC exam
Question #: 115
Topic #: 4
[All CRISC Questions]

What is senior management's role in the RACI model when tasked with reviewing monthly status reports provided by risk owners?

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Suggested Answer: A

Senior management's role in the RACI model when tasked with reviewing monthly status reports provided by risk owners is accountable, as it means that they have the ultimate authority and responsibility to approve or reject the risk management decisions and actions, and to oversee the risk management performance and outcomes. The other options are not the correct roles, as they imply different levels or types of involvement or participation in the risk management process, such as being informed, responsible, or consulted, respectively.Reference:= CRISC Review Manual, 7th Edition, page 101.


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Dottie
2 hours ago
I thought they were "Responsible" for ensuring the reports are accurate, but that might just be for the risk owners, right?
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Edwin
5 days ago
I feel like they should be "Informed" about the status reports, but I can't recall if they have a more active role in the RACI model.
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Kimberlie
10 days ago
I remember a practice question where management was "Consulted" on risk decisions, but that feels different from just reviewing reports.
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Pamela
16 days ago
I think senior management is more likely to be "Accountable" since they oversee the overall risk management process, but I'm not entirely sure.
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