Well-developed, data-driven risk measurements should be:
A.
reflective of the lowest organizational level.
B.
a data feed taken directly from operational production systems.
C.
reported to management the same day data is collected.
D.
focused on providing a forward-looking view.
The Answer Is:
D
This question includes an explanation.
Explanation:
Well-developed, data-driven risk measurements should be focused on providing a forward-looking view, as they enable the organization to anticipate and prepare for the potential changes and impacts of the risk level and exposure, and to take proactive and appropriate actions toaddress the risk. The other options are not the characteristics of well-developed, data-driven risk measurements, as they may not reflect the strategic, comprehensive, or timely aspects of the risk measurements, respectively. References = CRISC Review Manual, 7th Edition, page 110.
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