Online Access Free IT-Risk-Fundamentals Practice Test

Which of the following is the MOST important factor to consider when developing effective risk scenarios?

• A.Previously materialized risk events impacting competitors
• B.Risk events that affect both financial and strategic objectives
• C.Real and relevant potential risk events

Which of the following is used to estimate the frequency and magnitude of a given risk scenario?

• A.Risk register
• B.Risk governance
• C.Risk analysis

Which of the following is the PRIMARY reason for an organization to monitor and review l&T-related risk periodically?

• A.To facilitate the timely identification and replacement of legacy IT assets
• B.To ensure risk is managed within acceptable limits
• C.To address changes in external and internal risk factors

Which of the following provides the BEST input when developing specific, measurable, realistic, and time- bound (SMART) metrics?

• A.Enterprise risk management strategy
• B.Associated business functions or services
• C.Industry best practices

Risk monitoring is MOST effective when it is conducted:

• A.throughout the risk treatment planning process.
• B.before and after completing the risk treatment plan.
• C.following changes to the business's environment.