Which of the following is the MOST effective way to integrate risk and compliance management?
A.
Embedding risk management into compliance decision-making
B.
Designing corrective actions to improve risk response capabilities
C.
Embedding risk management into processes that are aligned with business drivers
D.
Conducting regular self-assessments to verify compliance
The Answer Is:
C
This question includes an explanation.
Explanation:
Embedding risk management into processes that are aligned with business drivers is the most effective way to integrate risk and compliance management, as it ensures that the risk management objectives and activities are consistent and supportive of the enterprise’s strategic goals and values. It also enables the identification and management of risks and compliance requirements across the enterprise, and the optimization of risk and compliance resources and performance. Embedding risk management into compliance decision-making, designingcorrective actions to improve risk response capabilities, and conducting regular self-assessments to verify compliance are not ways to integrate risk and compliance management, but rather components or outcomes of the risk and compliance management process. References = CRISC Practice Quiz and Exam Prep; CRISC: Certified in Risk & Information Systems Control Sample Questions, question 202.
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