CRISC Practice Test

CRISC Practice Test practice questions, page 26 of 76, with answer review and explanations.

Question 126

You are working in an enterprise. You project deals with important files that are stored on the computer. You have identified the risk of the failure of operations. To address this risk of failure, you have guided the system administrator sign off on the daily backup. This scenario is an example of which of the following?

  1. Risk avoidance
  2. Risk transference
  3. Risk acceptance
  4. Risk mitigation

Question 127

Risks to an organization's image are referred to as what kind of risk?

  1. Operational
  2. Financial
  3. Information
  4. Strategic

Question 128

Which of the following steps ensure effective communication of the risk analysis results to relevant stakeholders? Each correct answer represents a complete solution. (Choose three.)

  1. The results should be reported in terms and formats that are useful to support business decisions
  2. Provide decision makers with an understanding of worst-case and most probable scenarios,due diligence exposures and significant reputation, legal or regulatory considerations
  3. Communicate the negative impacts of the events only, it needs more consideration
  4. Communicate the risk-return context clearly

Question 129

You are the product manager in your enterprise. You have identified that new technologies, products and services are introduced in your enterprise time-to-time. What should be done to prevent the efficiency and effectiveness of controls due to these changes?

  1. Receive timely feedback from risk assessments and through key risk indicators, and update controls
  2. Add more controls
  3. Perform Business Impact Analysis (BIA)
  4. Nothing, efficiency and effectiveness of controls are not affected by these changes

Question 130

Which of the following are sub-categories of threat? Each correct answer represents a complete solution. (Choose three.)

  1. Natural and supernatural
  2. Computer and user
  3. Natural and man-made
  4. Intentional and accidental
  5. External and internal