Certified in Risk and Information Systems Control (CRISC) — Question 1185

Which of the following aspects of risk can be transferred to a third party?

Answer options

• A. Reputation impact
• B. Ownership
• C. Accountability
• D. Financial impact

Correct answer: D

Explanation

The correct answer is D, as financial impact can be transferred through insurance or outsourcing. Reputation impact, ownership, and accountability are intrinsic to the organization and cannot be effectively transferred to another party.