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Isaca CRISC Exam - Topic 5 Question 86 Discussion

Actual exam question for Isaca's CRISC exam

Question #: 86
Topic #: 5

[All CRISC Questions]

Which of the following is MOST helpful when prioritizing action plans for identified risk?

AComparing risk rating against appetite

BObtaining input from business units

CDetermining cost of controls to mitigate risk

DRanking the risk based on likelihood of occurrence

Show Suggested Answer

Suggested Answer: A

by Bobbye at Sep 18, 2024, 09:24 AM

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Wilbert

7 months ago

Surprised that appetite is even a thing in this context!

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Twana

8 months ago

Ranking by likelihood makes sense, but is it enough?

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Felice

8 months ago

Cost of controls should definitely be a factor too.

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Brent

8 months ago

I think getting input from business units is more effective.

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Erinn

8 months ago

Comparing risk rating against appetite is key!

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Annamae

9 months ago

Ranking the risk based on likelihood of occurrence sounds familiar, but I can't recall if it was the top priority in our studies.

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Jacob

9 months ago

I feel like determining the cost of controls could be relevant, but it seems more like a secondary consideration to me.

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Adelle

9 months ago

I remember a practice question where obtaining input from business units was emphasized. That might be key for prioritizing.

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Rutha

9 months ago

I think comparing risk rating against appetite is important, but I'm not sure if it's the most helpful.

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Florinda

9 months ago

Ranking the risks by likelihood is useful, but I'm not sure that's the MOST helpful factor here. I'd lean more towards comparing the risk rating to the organization's stated risk appetite to really prioritize the action plans effectively.

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Eura

9 months ago

Determining the cost of controls is an important consideration, but I don't think it's the MOST helpful factor in prioritizing action plans. The risk rating versus appetite feels like the key piece of information to focus on.

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Linwood

9 months ago

Hmm, I'm a little unsure about this one. I think getting input from the business units could also be really helpful to understand the context and impact of the risks. But I'm not totally sure which option is the MOST helpful.

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Allene

9 months ago

This seems like a pretty straightforward question. I'd focus on comparing the risk rating against the organization's risk appetite - that seems like the most direct way to prioritize action plans.

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Laurel

9 months ago

I think the answer is B, but I'm not 100% confident. I'll make sure to double-check my work before submitting.

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Bettyann

1 year ago

I'll have to go with option A. It's like choosing the flavor of ice cream - you need to know your appetite before you can decide which one to get!

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Mignon

1 year ago

Yes, knowing the appetite for risk is crucial in determining the most helpful action plan.

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Ellsworth

1 year ago

I agree, option A is key for prioritizing action plans based on identified risks.

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Jaleesa

1 year ago

Option A is definitely the way to go. It's all about understanding the appetite for risk.

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Tanesha

1 year ago

Option D is the way to go! Ranking risks based on likelihood is the foundation for any good risk management strategy. The other options are just secondary considerations.

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Mitzie

1 year ago

Yes, ranking risks by likelihood helps us address the most critical issues first.

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Aliza

1 year ago

I agree, it's important to focus on the most probable risks first.

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Miesha

1 year ago

Option D is definitely the best choice. Prioritizing based on likelihood is key.

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Candida

1 year ago

Hmm, I'm not sure. Option C seems more practical to me. Knowing the cost of controls is important to make informed decisions and allocate resources effectively.

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Chauncey

1 year ago

Yes, prioritizing action plans based on the cost of controls can definitely help in effective resource allocation.

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Glenna

1 year ago

I agree, understanding the cost of controls helps in making informed decisions.

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Garry

1 year ago

Option C does seem practical. Knowing the cost of controls is crucial for resource allocation.

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Ahmed

1 year ago

I would go with option B. Getting input from the business units is crucial to understand the true impact of the risks and how they should be addressed.

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Leontine

1 year ago

Comparing risk rating against appetite is definitely the most helpful in prioritizing action plans. It gives you a clear picture of how much risk the organization is willing to accept.

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Jordan

1 year ago

B) Obtaining input from business units

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Bronwyn

1 year ago

A) Comparing risk rating against appetite

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Carlota

1 year ago

I prefer C) Determining cost of controls to mitigate risk. It's important to consider financial implications.

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Susana

1 year ago

I agree with Jerilyn. It helps in aligning actions with organizational goals.

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Jerilyn

1 year ago

I think A) Comparing risk rating against appetite is the most helpful.

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