When prioritizing risk response, management should FIRST:
A.
evaluate the organization s ability and expertise to implement the solution.
B.
evaluate the risk response of similar organizations.
C.
address high risk factors that have efficient and effective solutions.
D.
determine which risk factors have high remediation costs
The Answer Is:
C
This question includes an explanation.
Explanation:
According to the Risk and Information Systems Control Study Manual, the first step in prioritizing risk response is to address the high risk factors that have efficient and effective solutions. This means that management should focus on the risks that have the most impact on the organization’s objectives and can be mitigated with the least amount of resources and effort. This approach helps to optimize the risk response process and achieve the best results in terms of risk reduction and value creation. References = Risk and Information Systems Control Study Manual, 7th Edition, Chapter 5, Section 5.3.2, Page 223.
CRISC PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 60% Discount on All Products,
Use Coupon: "8w52ceb345"