CRISC: Certified in Risk and Information Systems ControlDemo

Question

Which of the following is the MOST important objective of establishing an enterprise risk management (ERM) function in an organization?

A To have a standard risk management process for complying with regulations
B To ensure risk profiles are presented in a consistent format within the organization
C To have a unified approach to risk management across the organization
D To optimize risk management resources across the organization

Explanation

Enterprise risk management provides an organization-wide, integrated approach for identifying, assessing, responding to, and monitoring risk in alignment with enterprise objectives. A unified approach is therefore the core objective; consistent reporting, compliance support, and efficient use of resources are secondary benefits.

CRISC: Certified in Risk and Information Systems ControlDemo

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