Crisc Study guides, Class notes & Summaries

CRISC CERTIFIED IN RISK AND INFORMATION SYSTEMS CONTROL

CRISC Exam Questions & Answers 2023/2024 Organizational Objectives - ANSWER-While defining risk management strategies, a risk practitioner needs to analyze the organization's objectives and risk tolerance and define a risk management framework based on this analysis. Some organizations may accept known risk, while others may invest in and apply mitigating controls to reduce risk Retention Policy - ANSWER-Information that is no longer required should be analyzed under the retention polic...

What is the difference between a standard and a policy? - Answer- Standard = A mandatory action, explicit rules, controls or configuration settings that are designed to support and conform to a policy. A standard should make a policy more meaningful and effective by including accepted specifications for hardware, software or behavior. Standards should always point to the policy to which they relate. Policy = IT policies help organizations to properly articulate the organization's desired behav...

CRISC Test Bank 2 Questions and Answers Q1 Which of the following is true for Single loss expectancy (SLE), Annual rate of occurrence (ARO), and Annual loss expectancy (ALE)? A. ALE= ARO/SLE B. ARO= SLE/ALE C. ARO= ALE*SLE D. ALE= ARO*SLE - Correct Answer ️️ -Correct Answerr: D Section: Volume A Explanation A quantitative risk assessment quantifies risk in terms of numbers such as dollar values. This involves gathering data and then entering it into standard formulas. The results...

CRISC Exam Questions and Answers 100% Pass FMEA - Answer- failure modes effects analysis BPM - Answer- business process modeling SPC - Answer- statistical process control cusum - Answer- cumulative summary. each value is added for a cummulative total. EL - Answer- expected loss BCP - Answer- business continuity planning CSF - Answer- critical success factor ERM - Answer- enterprise risk management RCSA - Answer- risk control self assessment COSO - Answer- committee of sponsoring organi...

ISACA CERTIFIED IN RISK AND INFORMATION SYSTEMS CONTROL (CRISC) CERTIFICATION EXAM QUESTION AND ANSWERS

CRISC Exam Quizzes & Correct Ans..

CRISC Exam (Domain 1) Questions and complete solutions CRISC Scope What does CRISC not address? What does CRISC focus on? Domains in CRISC How does it map to ISO 31010 and ISO 27005 What does enterprise risk management include? True of False, IT Risk Mgmt should be governed by ERM? What happens when an organization identifies and proactively addresses risk? ERM is described as? When are RM strategic plans most effective? What drives RM strategy? What kind of ...

CRISC EXAM 2023 WITH QUESTIONS AND ANSWERS...

Q1 Which of the following is true for Single loss expectancy (SLE), Annual rate of occurrence (ARO), and Annual loss expectancy (ALE)? A. ALE= ARO/SLE B. ARO= SLE/ALE C. ARO= ALE*SLE D. ALE= ARO*SLE : Correct Answerr: D Section: Volume A Explanation 2 | P a g e A quantitative risk assessment quantifies risk in terms of numbers such as dollar values. This involves gathering data and then entering it into standard formulas. The results can help in identifying the priority of risks....