Certified in Risk and Information Systems Control (CRISC) — Question 1333

What are the steps that are involved in articulating risks? Each correct answer represents a complete solution. (Choose three.)

Answer options

• A. Identify business opportunities.
• B. Identify the response
• C. Communicate risk analysis results and report risk management activities and the state of compliance.
• D. Interpret independent risk assessment findings.

Correct answer: A, C, D

Explanation

The correct answers A, C, and D are essential steps in articulating risks. Identifying business opportunities helps to understand potential risks associated with them, while communicating risk analysis results ensures transparency in risk management. Interpreting independent risk assessment findings provides an objective view of the risks involved. Option B is incorrect as identifying the response is part of risk management rather than articulating risks.