CGEIT: Certified in the Governance of Enterprise ITDemo

By Isaca · Question Mode

QuestionQ304

Risk Optimization

Which of the following is the MOST effective approach for managing risks across the enterprise?

  • A Make staff aware of the risks in their area and risk management techniques.
  • B Provide financial resources for risk management systems.
  • C Document procedures and reporting processes.
  • D Assign individuals responsibilities and accountabilities for management of risks.
Explanation

Enterprise risk management is most effective when specific individuals have clearly assigned responsibilities and accountabilities for risk management. Defined ownership ensures risks are identified, assessed, treated, monitored, and escalated by accountable parties.

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