IIA Exam IIA-CRMA Topic 4 Question 93 Discussion

Actual exam question for IIA's IIA-CRMA exam

Question #: 93
Topic #: 4

According to the COSO enterprise risk management (ERM) framework, which of the following is not part of the new paradigm in ERM?

AAssessing the risk factors.

BAligning risk appetite and strategy.

CEnhancing risk response decisions.

DReducing operational surprises and losses.

Show Suggested Answer

Suggested Answer: B

by Pilar at Nov 19, 2024, 08:43 AM

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Charlesetta

6 days ago

If I had to guess, I'd say A. Assessing the risk factors is the odd one out here. ERM is all about managing risks, not just identifying them.

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Yvette

10 days ago

I agree with Malcom, D makes more sense because it focuses on minimizing unexpected events.

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Justa

11 days ago

Hmm, I think D. Reducing operational surprises and losses is the one that's not part of the new ERM paradigm. Gotta be careful with these tricky questions!

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Malcom

13 days ago

I disagree, I believe the correct answer is D) Reducing operational surprises and losses.

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Na

17 days ago

I'm pretty sure the correct answer is C. Enhancing risk response decisions, since that's part of the core ERM framework.

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Vanda

21 days ago

I think the answer is A) Assessing the risk factors.

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