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  1. Home
  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2022-04-29.q944 Dumps
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Question 546

An organization is planning to acquire a new financial system. Which of the following stakeholders would provide the MOST relevant information for analyzing the risk associated with the new IT solution?

Correct Answer: C
Section: Volume D
Explanation
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Question 547

Which of the following is the MOST important consideration when sharing risk management updates with executive management?

Correct Answer: C
Section: Volume D
Explanation
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Question 548

What are the two MAJOR factors to be considered while deciding risk appetite level? Each correct answer represents a part of the solution. Choose two.

Correct Answer: A,D
Explanation/Reference:
Explanation:
Risk appetite is the amount of risk a company or other entity is willing to accept in pursuit of its mission.
This is the responsibility of the board to decide risk appetite of an enterprise. When considering the risk appetite levels for the enterprise, the following two major factors should be taken into account:
The enterprise's objective capacity to absorb loss, e.g., financial loss, reputation damage, etc.
The culture towards risk taking-cautious or aggressive. In other words, the amount of loss the enterprise wants to accept in pursue of its objective fulfillment.
Incorrect Answers:
B: Alignment with risk-culture is also one of the factors but is not as important as these two.
C: Risk aware decision is not the factor, but is the result which uses risk appetite information as its input.
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Question 549

An external security audit has reported multiple findings related to control noncompliance. Which of the following would be MOST important for the risk practitioner to communicate to senior management?

Correct Answer: C
Section: Volume D
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Question 550

Which of the following MUST be assessed before considering risk treatment options for a scenario with significant impact?

Correct Answer: A
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