Certified in Risk and Information Systems Control (CRISC) — Question 1258

Which of the following is the MOST important criteria for selecting key risk indicators (KRIs)?

Answer options

• A. Historical data availability
• B. Sensitivity and reliability
• C. Ability to display trends
• D. Implementation and reporting effort

Correct answer: B

Explanation

The correct answer is B, as sensitivity and reliability are vital for ensuring that KRIs provide accurate and trustworthy information about risks. While historical data availability, trend display capability, and implementation effort are important, they do not have the same level of impact on the effectiveness of KRIs as their sensitivity and reliability.