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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 106

An organization has outsourced an application to a Software as a Service (SaaS) provider. The risk associated with the use of this service should be owned by the:

Correct Answer: C
Section: Volume D
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Question 107

A risk assessment has identified that an organization may not be in compliance with industry regulations. The BEST course of action would be to:

Correct Answer: A
Section: Volume D
Explanation
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Question 108

You are elected as the project manager of GHT project. You are in project initialization phase and are busy in defining requirements for your project. While defining requirements you are describing how users will interact with a system. Which of the following requirements are you defining here?

Correct Answer: C
Section: Volume C
Explanation:
While defining requirements, there is need to define three requirements of the project- Business requirement, Functional requirement, and Technical requirement Functional requirements and use case models describe how users will interact with a system. Therefore here in this stem you are defining the functional requirement of the project.
Incorrect Answers:
A: Technical requirements and design specifications and coding specifications describe how the system will interact, conditions under which the system will operate and the information criteria the system should meet.
B: Business requirement, Functional requirement, and Technical requirement come under project requirement.
In this stem it is particular defining the functional requirement, hence this is not the best answer.
D: Business requirements contain descriptions of what a system should do.
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Question 109

You are the project manager of GFT project. Your project involves the use of electrical motor. It was stated in its specification that if its temperature would increase to 500 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. If the machine overheats even once it will delay the project's arrival date. So to prevent this you have decided while creating response that if the temperature of the machine reach 450, the machine will be paused for at least an hour so as to normalize its temperature. This temperature of 450 degrees is referred to as?

Correct Answer: B
Explanation/Reference:
Explanation:
A risk trigger is a warning sign or condition that a risk event is about to happen. Here the warning temperature is 450 degrees Fahrenheit, therefore it is referred as risk trigger.
Incorrect Answers:
A: Risk identification is the process of the identifying the risks. This process identifies the risk events that could affect the project adversely or would act as opportunity.
C: Here risk event is 500-degree temperature, as when machine reaches this temperature it should have to be shut-down for 48 hours, which in turn will laid a great impact on the working of project.
D: Risk response here is shutting off of machine when its temperature reaches 450 degree Fahrenheit, so as to prevent the occurring of risk event.
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Question 110

What are the responsibilities of the CRO?
Each correct answer represents a complete solution. Choose three.

Correct Answer: A,B,D
Section: Volume D
Explanation:
Chief Risk Officer is the executive-level manager in an organization. They provide corporate, guidance, governance, and oversight over the enterprise's risk management activities. The main priority for the CRO is to ensure that the organization is in full compliance with applicable regulations. They may also deal with areas regarding insurance, internal auditing, corporate investigations, fraud, and information security.
CRO's responsibilities include:
* Managing the risk assessment process
* Implementation of corrective actions
* Communicate risk management issues
* Supporting the risk management functions
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