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Isaca CRISC Exam - Topic 6 Question 22 Discussion

A risk owner has accepted a high-impact risk because the control was adversely affecting process efficiency. Before updating the risk register, it is MOST important for the risk practitioner to:
D) obtain approval from senior management.
A) ensure suitable insurance coverage is purchased.
B) negotiate with the risk owner on control efficiency.
C) reassess the risk to confirm the impact.

Isaca CRISC Exam - Topic 6 Question 22 Discussion

Actual exam question for Isaca's CRISC exam
Question #: 22
Topic #: 6
[All CRISC Questions]

A risk owner has accepted a high-impact risk because the control was adversely affecting process efficiency. Before updating the risk register, it is MOST important for the risk practitioner to:

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Suggested Answer: D

by Elza at May 03, 2022, 04:15 AM

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Jennifer
8 months ago
I’d say getting senior management approval is a must before anything else.
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Daren
9 months ago
Negotiating on control efficiency sounds like a good move too.
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Devorah
9 months ago
Wait, why would you accept a high-impact risk at all?
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Valentine
9 months ago
Totally agree, confirming the impact is key!
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Mireya
9 months ago
I think it's crucial to reassess the risk first.
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Blythe
9 months ago
I remember discussing insurance coverage in class, but I don't think that's the first step here. It seems like confirming the impact is more critical before anything else.
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Lynelle
9 months ago
I feel like obtaining approval from senior management might be necessary, but I wonder if it should come after reassessing the risk first. I recall a similar question where prioritizing actions was key.
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Catrice
9 months ago
I'm not entirely sure, but negotiating with the risk owner on control efficiency seems like it could be a good step. It might help clarify the situation before making any updates.
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Mitsue
9 months ago
I think it's really important to reassess the risk to confirm the impact before updating the register. I remember a practice question that emphasized understanding the current risk level.
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Mabel
9 months ago
Alright, I got this. The key is setting the right log driver and options in the daemon.json file. As long as I have the Splunk details, I should be able to get the containers logging properly.
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Shawna
9 months ago
I think this might be a joint venture since they're pooling resources and sharing losses, right?
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Marcelle
9 months ago
I'm confident the answer is C. Appraisal cost is the cost of inspecting and testing the product to measure its quality, so that's the one that's used to assess quality.
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Carman
9 months ago
I'm pretty sure this is a brute force attack, where the attacker tries all possible combinations of characters to crack the password.
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Vonda
10 months ago
I'm a bit confused by the wording of this question. Does it mean the maximum number of transactions per year, or the total number over some other time period? I'll have to read it closely to make sure I understand the timeframe.
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Keshia
10 months ago
I'm a bit confused by the options here. They all seem plausible, but I'm not sure which one is the correct purpose of the button. I'll have to make an educated guess and hope for the best.
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