Identify strategies to mitigate cost risk which of the following is the best strategy to mitigate cost risk Study guides, Class notes & Summaries

RIMS - CRMP Complete Study Guide; 1 Analyze the Business Model, 2 Developing Organizational Risk Strategies, 3 RIMS CRMP-Implementing the Risk Process Risks - Answer The effect of uncertainty on objectives The chance of something happening that will have an impact on objectives Being prepared for the worst and being poised to exploit opportunities as they are discovered Enterprise Risk Management - Answer A strategic business discipline that supports the achievement of an organiz...

CISA Exam 50 Question with Verified Answers Question: Asset Classification Information is one of an organization's most important assets. It should be considered when developing the organization's business and security objectives. It is much easier to map business and security objectives for a given information asset when assets are classified. What is the benefit of classifying information assets? Choose the best option(s) from those listed below. a) Establishing appropriate access co...

2. HRCI- SPHR Talent Planning & Acquisition Exam 75 Questions with Verified Answers How does the U.S. president pass labor laws without the approval of Congress? A. Interpret labor laws B. Proclaim executive orders C. Rule on court cases D. Study case law - CORRECT ANSWER B. All three branches of the U.S. government influence the legal and regulatory climate in which HR operates. Congress (legislative branch) may pass or amend a law. The U.S. president (executive branch) may enact an exec...

half life Half-life (t½) is an important pharmacokinetic measurement. The metabolic half-life of a drug in vivo is the time taken for its concentration in plasma to decline to half its original level. Half-life refers to the duration of action of a drug and depends upon how quickly the drug is eliminated from the plasma. The clearance and distribution of a drug from the plasma are therefore important parameters for the determination of its half-life. B max The maximum amount of drug or radio...

1. All of the following are factors **********essment of project risk EXCEPT: A. Risk event B. Risk probability C. Amount at stake D. Insurance premiums Answer D Insurance premiums come into play when you determine which risk response strategy you will use. 2. If a project has a 60 percent chance of a $100,000 profit and a 40 percent chance of a $100,000 loss, the expected monetary value for the project is: A. $100,000 profit B. $60,000 loss C. $20,000 profit D. $40,000 lo...

CRISC Test Bank 1 240 Questions and Answers 2023 Q1 Which section of the Sarbanes-Oxley Act specifies "Periodic financial reports must be certified by CEO and CFO"? A. Section 302 B. Section 404 C. Section 203 D. Section 409 Correct Answer: A Section: Volume A Explanation Section 302 of the Sarbanes-Oxley Act requires corporate responsibility for financial reports to be certified by CEO, CFO, or designated representative. Incorrect Answers: B: Section 404 of the Sarba...

SHRM Learning System Practice Exam 100 Questions with Verified Answers As part of the strategic planning process, a manufacturing organization outlines plans to expand its product line over a five-year period. To support the organization's strategic planning process, what type of plan should the training department use to present product knowledge training to customer service agents? Answers Strategic Internal Tactical Actionable - CORRECT ANSWER Strategic learning is defined as "using...

Final Exam for: IS-860.c: The National Infrastructure Protection Plan, An Introduction 1. What NIPP 2013 element provide a basis for the critical infrastructure community to work jointly to set specific national priorities? A. Core Tenets B. Partnership Model C. Risk Management Framework D. Mission, vision, and goals. E. Call to Action 2. Make the following statement True by filling in the blank from the choices below: Reliance on information and communications technologies have ____ po...

CIPM Scenario Practice Exam 98 Questions with Verified Answers SCENARIO ALBERT & TREASURE BOX - CORRECT ANSWER ANSWER THESE CARDS IN ORDER AND USE THE NEXT CARD FOR THE FOLLOWING QUESTIONS SCENARIO ALBERT & TREASURE BOX For 15 years, Albert has worked at Treasure Box - a mail order company in the United States (U.S.) that used to sell decorative candles around the world, but has recently decided to limit its shipments to customers in the 48 contiguous states. Despite his years of exper...

System Authorization - Answer- Risk management process that helps in assessing risk associated with a system and takes steps to mitigate the vulnerabilities to reduce risk to an acceptable level. System authorization was formerly known as Certification and Accreditation used to ensure that security controls are established for an information system. Risk Management - Answer- A process of identifying, controlling, and extenuating IT system related risk. It includes risk assessment, analysis of...