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  2. ISACA Certification
  3. CRISC Exam
  4. ISACA.CRISC.v2024-01-06.q281 Dumps
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Question 186

Which of the following nodes of the decision tree analysis represents the start point of decision tree?

Correct Answer: D
Explanation/Reference:
Explanation:
Root node is the starting node in the decision tree.
Incorrect Answers:
A: Decision nodes represents the choice available to the decision maker, usually between a risky choice and its non-risky counterpart.
C: Event node represents the possible uncertain outcomes of a risky decision, with at least two nodes to illustrate the positive and negative range of events.
B: End node represents the outcomes of risk and decisions.
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Question 187

A new regulator/ requirement imposes severe fines for data leakage involving customers' personally identifiable information (Pll). The risk practitioner has recommended avoiding the risk. Which of the following actions would BEST align with this recommendation?

Correct Answer: C
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Question 188

Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?

Correct Answer: B
is incorrect. This is not a valid answer for this questionthroughout theproject, but it is not scheduled during the quantitative risk analysis process. Answer: A is incorrect. When risks are likely to happen is important, but it is not the best answer for thisquestionoption D is incorrect. Risks may affect the project schedule, but this is not the best answer for thequestion.
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Question 189

Which of the following BEST measures the operational effectiveness of risk management capabilities?

Correct Answer: D
Explanation/Reference:
Explanation:
Key performance indicators (KPIs) provide insights into the operational effectiveness of the concept or capability that they monitor. Key Performance Indicators is a set of measures that a company or industry uses to measure and/or compare performance in terms of meeting their strategic and operational goals.
KPIs vary with company to company, depending on their priorities or performance criteria.
A company must establish its strategic and operational goals and then choose their KPIs which can best reflect those goals. For example, if a software company's goal is to have the fastest growth in its industry, its main performance indicator may be the measure of its annual revenue growth.
Incorrect Answers:
A: Capability maturity models (CMMs) assess the maturity of a concept or capability and do not provide insights into operational effectiveness.
B: Metric thresholds are decision or action points that are enacted when a KPI or KRI reports a specific value or set of values. It odes not provide any insights into operational effectiveness.
C: Key risk indicators (KRIs) only provide insights into potential risks that may exist or be realized within a concept or capability that they monitor. Key Risk Indicators are the prime monitoring indicators of the enterprise. KRIs are highly relevant and possess a high probability of predicting or indicating important risk.
KRIs help in avoiding excessively large number of risk indicators to manage and report that a large enterprise may have.
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Question 190

Which of the following is the BEST evidence that a user account has been properly authorized?

Correct Answer: C
Section: Volume D
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