Free ISACA IT-Risk-Fundamentals Exam Dumps Questions & Answers

What is the FIRST step in the risk response process?

• A.  Prioritize responses based on impact.
• B.  Review risk appetite.
• C.  Review risk analysis.

Key risk indicators (KRIs) are metrics designed to:

• A.  alert there is an increased chance of exceeding risk appetite.
• B.  be a direct measure of risk for each business line.
• C.  measure current risk levels in comparison to past levels.

Potential losses resulting from employee errors and system failures are examples of:

• A.  strategic risk.
• B.  operational risk.
• C.  market risk.

What is the basis for determining the sensitivity of an IT asset?

• A.  Cost to replace the asset if lost, damaged, or deemed obsolete
• B.  Potential damage to the business due to unauthorized disclosure
• C.  Importance of the asset to the business

Which of the following is the BEST indication of a good risk culture?

• A.  The enterprise enables discussions of risk and facts within the risk management functions.
• B.  The enterprise learns from negative outcomes and treats the root cause.
• C.  The enterprise places a strong emphasis on the positive and negative elements of risk.