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  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2022-04-29.q944 Dumps
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Question 576

A teaming agreement is an example of what type of risk response?

Correct Answer: D
Explanation/Reference:
Explanation:
Teaming agreements are often comes under sharing risk response, as they involves joint ventures to realize an opportunity that an organization would not be able to seize otherwise.
Sharing response is where two or more entities share a positive risk. Teaming agreements are good example of sharing the reward that comes from the risk of the opportunity.
Incorrect Answers:
A: Acceptance is a risk response that is appropriate for positive or negative risk events. It does not pursue the risk, but documents the event and allows the risk to happen. Often acceptance is used for low probability and low impact risk events.
B: Risk mitigation attempts to reduce the probability of a risk event and its impacts to an acceptable level.
Risk mitigation can utilize various forms of control carefully integrated together.
C: Transference is a negative risk response where the project manager hires a third party to own the risk event.
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Question 577

A service provider is managing a client's servers. During an audit of the service, a noncompliant control is discovered that will not be resolved before the next audit because the client cannot afford the downtime required to correct the issue. The service provider's MOST appropriate action would be to:

Correct Answer: A
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Question 578

You are the project manager of HGT project. You are in the first phase of the risk response process and are doing following tasks :
Communicating risk analysis results Reporting risk management activities and the state of compliance
Interpreting independent risk assessment findings
Identifying business opportunities
Which of the following process are you performing?

Correct Answer: A
is incorrect. Tracking risk is the process of tracking the ongoing status of risk mitigation
processes. This tracking ensures that the risk response strategy remains active and that proposed
controls are implemented according to schedule.
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Question 579

A global organization is considering the acquisition of a competitor. Senior management has requested a review of the overall risk profile from the targeted organization.
Which of the following components of this review would provide the MOST useful information?

Correct Answer: D
Section: Volume D
Explanation/Reference:
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Question 580

Della works as a project manager for Tech Perfect Inc. She is studying the documentation of planning of a project. The documentation states that there are twenty-eight stakeholders with the project. What will be the number of communication channels for the project?

Correct Answer: C
Explanation/Reference:
Explanation:
According to the twenty- eight stakeholders. Communication channels are paths of communication with stakeholders in a project. The number of communication channels shows the complexity of a project's communication and can be derived through the formula shown below:
Total Number of Communication Channels = n (n-1)/2
where n is the number of stakeholders.
Hence, a project having five stakeholders will have ten communication channels. Putting the value of the number of stakeholders in the formula will provide the number of communication channels. Putting the value of the number of stakeholders in the formula will provide the number of communication channels:
Number of communication channel = (n (n-1)) / 2
= (28 (28-1)) / 2
= (28 x 27) / 2
= 756 / 2
= 378
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