Which of the following would be MOST helpful to a risk owner when making risk-aware decisions?
A.
Risk exposure expressed in business terms
B.
Recommendations for risk response options
C.
Resource requirements for risk responses
D.
List of business areas affected by the risk
The Answer Is:
A
This question includes an explanation.
Explanation:
Risk exposure is the potential loss or negative impact that may result from a risk. Expressing risk exposure in business terms means translating the technical or quantitative aspects of risk into meaningful and understandable information for the risk owner and other stakeholders. This canhelp the risk owner to make risk-aware decisions, as it can provide a clear and consistent basis for comparing and prioritizing risks, evaluating the cost-benefit of risk responses, and aligning the risk management strategy with the business objectives and value. The other options are not as helpful as risk exposure expressed in business terms, because they do not provide a comprehensive and relevant view of the risk, but rather focus on specific or partial aspects of the risk. References = Risk and Information Systems Control Study Manual, Chapter 2, Section 2.3.1, page 45.
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