Certified in Risk and Information Systems Control (CRISC) — Question 1225

Which of the following is the GREATEST benefit of establishing a program to design, report, and monitor key control indicators (KCIs) as part of the risk management process?

Answer options

• A. Reducing overall total cost of managing controls
• B. Reducing the amount of audit effort
• C. Providing reference data for key performance indicators (KPIs)
• D. Detecting early signs of potential control failure

Correct answer: D

Explanation

The correct answer, D, highlights the importance of early detection in risk management, allowing organizations to proactively address potential issues. Options A, B, and C, while beneficial, do not directly address the primary objective of monitoring KCIs, which is to identify and mitigate risks before they escalate.