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ISACA Certified in Risk and Information Systems Control Sample Questions (Q1441-Q1446):
NEW QUESTION # 1441
While evaluating control costs, management discovers that the annual cost exceeds the annual loss expectancy
(ALE) of the risk. This indicates the:
- A. risk is efficiently controlled.
- B. risk is inefficiently controlled.
- C. control is weak and should be removed.
- D. control is ineffective and should be strengthened
Answer: B
Explanation:
Risk is inefficiently controlled when the annual cost of the control exceeds the annual loss expectancy (ALE)
of the risk, as this means that the organization is spending more on the control than the potential loss that the
control is supposed to prevent or reduce. This indicates that the control is not cost-effective or optimal, and
that the organization should consider alternative or complementary controls that can lower the cost or increase
the benefit of the risk management. Control is ineffective and should be strengthened when the control does
not reduce the likelihood or impact of the risk to an acceptable level, regardless of the cost. Risk is efficiently
controlled when the annual cost of the control is equal to or less than the annual loss expectancy (ALE) of the
risk, as this means that the organization is spending less or equal on the control than the potential loss that the
control is supposed to prevent or reduce. Control is weak and should be removed when the control does not
provide any benefit or value to the risk management, regardless of the cost. References = CRISC Certified in
Risk and Information Systems Control - Question205; ISACA Certified in Risk and Information Systems
Control (CRISC) Certification Exam Question and Answers, question 205.
NEW QUESTION # 1442
Which of the following presents the GREATEST challenge for an IT risk practitioner who wants to report on trends in historical IT risk levels?
- A. Changes in owners for identified IT risk scenarios
- B. Qualitative measures for potential loss events
- C. Frequent use of risk acceptance as a treatment option
- D. Changes in methods used to calculate probability
Answer: B
NEW QUESTION # 1443
A compensating control is MOST appropriate when:
- A. Management wants to increase the number of controls.
- B. A key control is already in place and operating effectively.
- C. A vulnerability is identified.
- D. Existing controls are inadequate.
Answer: D
Explanation:
A compensating control addresses risk when the primary control cannot meet the required objectives due to practical constraints.
Reference:CRISC Manual - Domain 3, Slide 345
NEW QUESTION # 1444
Which of the following is the MOST useful input when developing risk scenarios?
- A. Common attacks in other industries
- B. Identification of risk events
- C. Impact on critical assets
- D. Probability of disruptive risk events
Answer: B
Explanation:
Identifying risk events is essential for developing realistic and relevant risk scenarios. This step enables the creation of scenarios that reflect actual vulnerabilities and potential disruptions, adhering to the CRISC's focus on Risk Identification.
NEW QUESTION # 1445
A risk practitioner is assisting with the preparation of a report on the organization's disaster recovery (DR) capabilities. Which information would have the MOST impact on the overall recovery profile?
- A. The number of systems tested in the last year has increased
- B. The percentage of systems meeting recovery target times has increased
- C. The percentage of systems with long recovery target times has decreased
- D. The number of systems requiring a recovery plan has increased
Answer: D
Explanation:
Section: Volume D
NEW QUESTION # 1446
......
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