CGEIT: Certified in the Governance of Enterprise ITDemo

By Isaca · Question Mode

QuestionQ63

Risk Optimization

An enterprise has entered a new market, bringing additional regulatory compliance requirements. To address these new requirements, the enterprise should FIRST:

  • A update the organization's risk profile.
  • B have executive management monitor compliance.
  • C outsource the compliance process.
  • D appoint a compliance officer.
Explanation

A new market can create regulatory, legal, operational, and financial exposures. Updating the organization’s risk profile identifies and evaluates those new compliance risks so that management can determine the necessary controls, accountability, monitoring, and resourcing.

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