Isaca Exam CRISC Topic 1 Question 83 Discussion

Actual exam question for Isaca's CRISC exam

Question #: 83
Topic #: 1

Which of the following observations from a third-party service provider review would be of GREATEST concern to a risk practitioner?

AService level agreements (SLAs) have not been met over the last quarter.

BThe service contract is up for renewal in less than thirty days.

CKey third-party personnel have recently been replaced.

DMonthly service charges are significantly higher than industry norms.

Show Suggested Answer

Suggested Answer: C

by Denise at Sep 10, 2024, 11:24 AM

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Mariko

7 months ago

Higher service charges than industry norms? That's just plain old financial risk. Better keep the bean counters happy!

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Rozella

6 months ago

C) Key third-party personnel have recently been replaced.

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Lamonica

6 months ago

B) The service contract is up for renewal in less than thirty days.

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Salome

6 months ago

A) Service level agreements (SLAs) have not been met over the last quarter.

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Lonna

7 months ago

Service level agreements not met? That's like ordering a pizza and it never shows up - unacceptable!

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Renay

7 months ago

That's true, but I think the financial aspect is more critical for risk management.

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Kimberely

7 months ago

Key personnel changes? That's a red flag for me. Consistency and expertise are so important with third-party providers.

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Donte

6 months ago

D) Monthly service charges are significantly higher than industry norms.

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Raul

6 months ago

C) Key third-party personnel have recently been replaced.

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Mayra

6 months ago

B) The service contract is up for renewal in less than thirty days.

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Ashleigh

7 months ago

A) Service level agreements (SLAs) have not been met over the last quarter.

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Ettie

8 months ago

Hmm, the contract renewal in less than 30 days is pretty worrying too. Who knows what changes the provider might try to make? Better keep a close eye on that.

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Vinnie

7 months ago

C) Key third-party personnel have recently been replaced.

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Dustin

7 months ago

A) Service level agreements (SLAs) have not been met over the last quarter.

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Jonelle

8 months ago

But what about the key third-party personnel being replaced? That could also lead to disruptions in service.

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Alita

8 months ago

I agree with Renay. It could indicate potential financial instability or inefficiency.

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Renay

8 months ago

I think the observation about monthly service charges being significantly higher than industry norms would be the greatest concern.

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Marguerita

8 months ago

I think the service level agreements (SLAs) not being met is the most concerning. That could mean major disruptions in service, which is a huge risk for the business.

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Monte

7 months ago

C) Key third-party personnel have recently been replaced.

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Pura

8 months ago

A) Service level agreements (SLAs) have not been met over the last quarter.

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