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OCEG GRCP Exam - Topic 5 Question 28 Discussion

What is the role of key risk indicators (KRIs)?
B) KRIs are indicators that help govern, manage, and provide assurance about risk related to an objective
A) KRIs are subjective measures that are not based on any specific risk assessments or data so they only provide a high-level assessment of threats
C) KRIs are used to evaluate the performance of the risk management and compliance departments
D) KRIs are only relevant for governmental entities and have no role in commercial enterprises

OCEG GRCP Exam - Topic 5 Question 28 Discussion

Actual exam question for OCEG's GRCP exam
Question #: 28
Topic #: 5
[All GRCP Questions]

What is the role of key risk indicators (KRIs)?

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Suggested Answer: B

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Stephen
3 days ago
I agree, but I wonder if some people see them as just high-level assessments.
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Novella
8 days ago
Definitely! Option B makes the most sense. They guide risk management.
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Emmanuel
14 days ago
I think KRIs are crucial for managing risks effectively.
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Nieves
19 days ago
They’re not just high-level, they’re based on data!
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Sabra
24 days ago
KRIs are definitely used in commercial settings too!
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Letha
29 days ago
Wait, are KRIs really only for government? That seems off.
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Aliza
1 month ago
Totally agree, they’re essential for risk management!
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Jarod
1 month ago
KRIs help track risks related to objectives.
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Esteban
1 month ago
I believe KRIs are definitely relevant for both government and commercial entities, so option D seems incorrect to me.
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Donte
2 months ago
I feel like I've seen questions about KRIs before, but I can't recall if they are only for government or if they apply to businesses too.
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Vincent
2 months ago
I think option B sounds right because KRIs help in managing risks related to specific objectives, which aligns with what we practiced.
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Corinne
2 months ago
I remember KRIs being important for monitoring risks, but I'm not sure if they are subjective or objective measures.
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