QuestionQ1243

Risk Assessment

Which of the following terms is defined by this statement?

> “They are the primary monitoring indicators of the enterprise, are highly relevant, and have a high probability of predicting or indicating important risk.”

  • A Key risk indicators
  • B Lag indicators
  • C Lead indicators
  • D Risk indicators
Explanation

Key risk indicators are the primary enterprise monitoring measures used to signal or predict important risk exposures. Their relevance and predictive value distinguish them from general risk indicators.

Community Discussion

No comments yet. Be the first to start the discussion!