CGEIT: Certified in the Governance of Enterprise ITDemo

By Isaca · Question Mode

QuestionQ366

Risk Optimization

How does an enterprise benefit by implementing a set of key risk indicators (KRIs)?

  • A The set of KRIs remains relevant over time.
  • B Risk exposures are monitored to ensure they remain within risk appetite.
  • C The need for a formal risk and control assessment program is eliminated.
  • D The frequency of risk data gathering and reporting is minimized.
Explanation

Key risk indicators measure and monitor risk exposure against defined thresholds, enabling the enterprise to identify when exposure approaches or exceeds its risk appetite and take appropriate action.

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