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  1. Home
  2. ISACA Certification
  3. CISM Exam
  4. ISACA.CISM.v2022-02-28.q183 Dumps
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Question 176

Which of the following would be helpful to reduce the amount of time needed by an incident response team to determine appropriate actions?

Correct Answer: C
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Question 177

Which of the following steps in conducting a risk assessment should be performed FIRST?

Correct Answer: A
Explanation
Risk assessment first requires one to identify the business assets that need to be protected before identifying the threats. The next step is to establish whether those threats represent business risk by identifying the likelihood and effect of occurrence, followed by assessing the vulnerabilities that may affect the security of the asset. This process establishes the control objectives against which key controls can be evaluated.
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Question 178

Which of the following stakeholders would provide the BEST guidance in aligning the information security strategy with organizational goals?

Correct Answer: C
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Question 179

A risk analysis should:

Correct Answer: C
Explanation
A risk analysis should take into account the potential size and likelihood of a loss. It could include comparisons with a group of companies of similar size. It should not assume an equal degree of protection for all assets since assets may have different risk factors. The likelihood of the loss should not receive greater emphasis than the size of the loss; a risk analysis should always address both equally.
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Question 180

Acceptable risk is achieved when:

Correct Answer: A
Explanation
Residual risk is the risk that remains after putting into place an effective risk management program; therefore, acceptable risk is achieved when this amount is minimized. Transferred risk is risk that has been assumed by a third party and may not necessarily be equal to the minimal form of residual risk. Control risk is the risk that controls may not prevent/detect an incident with a measure of control effectiveness. Inherent risk cannot be minimized.
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