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  1. Home
  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2024-01-06.q281 Dumps
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Question 111

Which of the following BEST enables the identification of trends in risk levels?

Correct Answer: B
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Question 112

Which of the following is the MOST important consideration for protecting data assets m a Business application system?

Correct Answer: C
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Question 113

You are the project manager of GHT project. You have initiated the project and conducted the feasibility study. What result would you get after conducting feasibility study?
Each correct answer represents a complete solution. (Choose two.)

Correct Answer: A,D
Explanation/Reference:
Explanation:
The completed feasibility study results should include a cost/benefit analysis report that:
Provides the results of criteria analyzed (e.g., costs, benefits, risk, resources required and

organizational impact)
Recommends one of the alternatives and a course of action

Incorrect Answers:
B, C: Project management plan and risk response plan are the results of plan project management and plan risk response, respectively. They are not the result of feasibility study.
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Question 114

An organization maintains independent departmental risk registers that are not automatically aggregated.
Which of the following is the GREATEST concern?

Correct Answer: B
Section: Volume D
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Question 115

Wendy has identified a risk event in her project that has an impact of $75,000 and a 60 percent chance of happening. Through research, her project team learns that the risk impact can actually be reduced to just $15,000 with only a ten percent chance of occurring. The proposed solution will cost $25,000. Wendy agrees to the $25,000 solution. What type of risk response is this?

Correct Answer: A
is incorrect. Avoidance changes the project plan to avoid the risk altogether. Answer: C is incorrect. Transference requires shifting some or all of the negative impacts of a threat, along with the ownership of the response, to a third party. Transferring the risk simply gives another party the responsibility for its management-it does not eliminate it. Transferring the liability for a risk is most effective in dealing with financial risk exposure. Risk transference nearly always involves payment of a risk premium to the party taking on the risk. Answer: D is incorrect. Enhancing is actually a positive risk response. This strategy is used to increase the probability and/or the positive impact of an opportunity. Identifying and maximizing the key drivers of these positive-impact risks may increase the probability of their occurrence.
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