Certified in Risk and Information Systems Control (CRISC) — Question 124
Which of the following provides the MOST important information to facilitate a risk response decision?
Answer options
- A. Risk appetite.
- B. Industry best practices.
- C. Key risk indicators.
- D. Audit findings.
Correct answer: A
Explanation
Risk appetite is crucial as it defines the level of risk that an organization is willing to accept, guiding decision-making in risk responses. While industry best practices, key risk indicators, and audit findings provide valuable insights, they do not directly inform the organization's willingness to take on risk as effectively as understanding its risk appetite.