Certified in Risk and Information Systems Control (CRISC) — Question 1334

Which is the MOST important parameter while selecting appropriate risk response?

Answer options

Correct answer: A

Explanation

The cost of response is crucial because it directly impacts the feasibility and sustainability of the risk management strategy. While the capability to implement, importance of risk, and efficiency are relevant, they are secondary to ensuring that the response can be afforded within the constraints of the organization's budget.