CGEIT: Certified in the Governance of Enterprise IT

By Isaca · Question Mode

QuestionQ45

VerifiedRisk Optimization

Which action should be taken FIRST when concerns are identified about the financial viability of a prospective software supplier?

Explanation

A risk assessment establishes the nature, likelihood, and business impact of supplier financial-failure risk before selecting contractual or other risk treatments such as escrow, audit rights, or intellectual-property licensing.

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