CRISC: Certified in Risk and Information Systems ControlDemo

Question

Which of the following actions ensure that risk-analysis results are communicated effectively to the relevant stakeholders? Each correct answer represents a complete solution.

Choose three

A The results should be reported in terms and formats that are useful to support business decisions
B Provide decision makers with an understanding of worst-case and most probable scenarios,due diligence exposures and significant reputation, legal or regulatory considerations
C Communicate the negative impacts of the events only, it needs more consideration
D Communicate the risk-return context clearly

Explanation

Effective risk communication presents analysis in formats that support business decisions, gives decision makers both worst-case and most probable scenarios together with due-diligence and significant reputational, legal, or regulatory considerations, and clearly conveys the risk-return context. Limiting communication to negative impacts alone omits positive impacts and opportunities that also inform risk-based decisions.

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CRISC: Certified in Risk and Information Systems ControlDemo

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