CRISC Practice Test

CRISC Practice Test practice questions, page 24 of 76, with answer review and explanations.

Question 116

Which of the following characteristics of risk controls answers the aspect about the control given below: "Will it continue to function as expressed over the time and adopts as changes or new elements are introduced to the environment"

  1. Reliability
  2. Sustainability
  3. Consistency
  4. Distinct

Question 117

Jeff works as a Project Manager for www.company.com Inc. He and his team members are involved in the identify risk process. Which of the following tools & techniques will Jeff use in the identify risk process? Each correct answer represents a complete solution. (Choose three.)

  1. Information gathering technique
  2. Documentation reviews
  3. Checklist analysis
  4. Risk categorization

Question 118

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?

  1. Mary will schedule when the identified risks are likely to happen and affect the project schedule.
  2. Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the schedule.
  3. Mary will use the schedule management plan to schedule the risk identification meetings throughout the remaining project.
  4. Mary will utilize the schedule controls to determine how risks may be allowed to change the project schedule.

Question 119

Which of the following control detects problem before it can occur?

  1. Deterrent control
  2. Detective control
  3. Compensation control
  4. Preventative control

Question 120

Which of the following aspects are included in the Internal Environment Framework of COSO ERM? Each correct answer represents a complete solution. (Choose three.)

  1. Enterprise's integrity and ethical values
  2. Enterprise's working environment
  3. Enterprise's human resource standards
  4. Enterprise's risk appetite