Isaca Exam CRISC Topic 1 Question 79 Discussion

Actual exam question for Isaca's CRISC exam

Question #: 79
Topic #: 1

Which of the following elements of a risk register is MOST likely to change as a result of change in management's risk appetite?

AKey risk indicator (KRI) thresholds

BInherent risk

CRisk likelihood and impact

DRisk velocity

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Suggested Answer: A

by Myra at Jul 10, 2024, 07:19 AM

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Penney

1 months ago

Hmm, let's see... the element most likely to change is the one that's the most fun to play with, like a risk yo-yo. My money's on 'Risk velocity' - because who doesn't love a good old-fashioned game of 'How Fast Can We Spin This Risk?'

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Donette

1 months ago

I'm pretty sure the answer is 'All of the above' - because management's risk appetite changes as often as the weather, and we're expected to keep up with it like professional weather forecasters!

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Myrtie

5 days ago

Agreed, staying on top of changes in risk appetite is crucial for effective risk management.

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Yolande

7 days ago

Yes, it's important to regularly review and update the risk register to reflect any changes in management's risk appetite.

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Fannie

20 days ago

I think you're right, management's risk appetite can definitely impact all elements of the risk register.

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Miss

1 months ago

A. Key risk indicator (KRI) thresholds are the most likely to change, as they are designed to align with the organization's risk appetite. If the appetite changes, the KRI thresholds will need to be adjusted accordingly.

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Cordelia

5 days ago

Adjusting KRI thresholds ensures that risks are being monitored effectively.

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Tesha

13 days ago

It's important to regularly review and update them to reflect the current appetite.

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Ozell

30 days ago

KRI thresholds are definitely impacted by changes in risk appetite.

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Noel

2 months ago

B. Inherent risk is the most likely to change, as it reflects the level of risk before any controls or mitigations are in place. Management's risk appetite can significantly impact the inherent risk assessment.

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Lou

1 months ago

Management's risk appetite can impact the inherent risk assessment.

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Detra

1 months ago

It reflects the level of risk before any controls are in place.

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Cherelle

1 months ago

Inherent risk is the most likely to change.

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Frederic

2 months ago

D. Risk velocity is the most likely to change as a result of changes in management's risk appetite. The speed at which risks can materialize is closely tied to the organization's willingness to accept certain levels of risk.

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Mammie

2 months ago

I think the answer is C. Risk likelihood and impact are directly tied to the organization's risk appetite, which can change over time based on management's priorities.

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