CRISC: Certified in Risk and Information Systems ControlDemo

Question

An organization’s chief information officer (CIO) has proposed investing in a new, unproven technology to gain a first-to-market advantage. Senior management is concerned about the project’s likelihood of success and has imposed a spending limit before granting final approval. This conditional approval indicates the organization’s risk:

A management capability
B capacity
C treatment strategy
D appetite

Explanation

Risk appetite is the amount and type of risk an organization is willing to accept while pursuing its objectives. Limiting pre-approval spending on an untested, potentially advantageous technology expresses management’s willingness to accept only a defined level of risk.

CRISC: Certified in Risk and Information Systems ControlDemo

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Notes

Readiness

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