Isaca Exam CRISC Topic 3 Question 73 Discussion

Actual exam question for Isaca's CRISC exam

Question #: 73
Topic #: 3

[All CRISC Questions]

Which of the following is a drawback in the use of quantitative risk analysis?

AIt assigns numeric values to exposures of assets.

BIt requires more resources than other methods

CIt produces the results in numeric form.

DIt is based on impact analysis of information assets.

Show Suggested Answer

Suggested Answer: A

by Janae at Apr 29, 2024, 08:59 PM

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Barrett

1 months ago

Hmm, I was hoping for an answer that involved unicorns or rainbows. That would have been a real drawback! But I suppose resources and effort are important too.

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Leonida

7 days ago

Unicorns and rainbows would definitely make risk analysis more fun though!

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Ramonita

14 days ago

It's true, resources and effort are key factors in quantitative risk analysis.

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Providencia

1 months ago

I was thinking Option C, but I guess that's actually a benefit, not a drawback. Numeric results are more concrete and easier to interpret.

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Shaunna

2 days ago

Option A: It can be time-consuming to gather all the necessary data.

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Christene

7 days ago

Option C: Lack of flexibility in adjusting for changing circumstances

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Kerrie

8 days ago

Option B: Time-consuming process to gather and analyze data

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Sol

16 days ago

Option A: Difficulty in assigning numerical values to all risks

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Dominga

2 months ago

I agree with Angella. Quantitative analysis is more time-consuming and expensive, but it provides more precise and data-driven results.

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Salley

29 days ago

I guess it depends on the specific needs of the project.

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Crista

1 months ago

True, it's a trade-off between time and accuracy.

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Sanjuana

1 months ago

But on the other hand, it does give more precise results based on data.

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Charlene

1 months ago

I think one drawback is that it can be time-consuming and expensive.

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Angella

2 months ago

Option B is the correct answer. Quantitative risk analysis does require more resources, such as time and expert knowledge, to implement compared to other methods.

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