CRISC Practice Test

CRISC Practice Test practice questions, page 44 of 76, with answer review and explanations.

Question 216

How residual risk can be determined?

  1. By determining remaining vulnerabilities after countermeasures are in place.
  2. By transferring all risks.
  3. By threat analysis
  4. By risk assessment

Question 217

Which of the following are the MOST important risk components that must be communicated among all the stakeholders? Each correct answer represents a part of the solution. (Choose three.)

  1. Various risk response used in the project
  2. Expectations from risk management
  3. Current risk management capability
  4. Status of risk with regard to IT risk

Question 218

You work as a project manager for BlueWell Inc. You are involved with the project team on the different risk issues in your project. You are using the applications of IRGC model to facilitate the understanding and managing the rising of the overall risks that have impacts on the economy and society. One of your team members wants to know that what the need to use the IRGC is. What will be your reply?

  1. IRGC models aim at building robust, integrative inter-disciplinary governance models for emerging and existing risks.
  2. IRGC is both a concept and a tool.
  3. IRGC addresses the development of resilience and the capacity of organizations and people to face unavoidable risks.
  4. IRGC addresses understanding of the secondary impacts of a risk.

Question 219

You are elected as the project manager of GHT project. You are in project initialization phase and are busy in defining requirements for your project. While defining requirements you are describing how users will interact with a system. Which of the following requirements are you defining here?

  1. Technical requirement
  2. Project requirement
  3. Functional requirement
  4. Business requirement

Question 220

While considering entity-based risks, which dimension of the COSO ERM framework is being referred?

  1. Organizational levels
  2. Risk components
  3. Strategic objectives
  4. Risk objectives