Certified in Risk and Information Systems Control (CRISC) — Question 1348

Which of the following guidelines should be followed for effective risk management?
Each correct answer represents a complete solution. (Choose three.)

Answer options

• A. Promote and support consistent performance in risk management
• B. Promote fair and open communication
• C. Focus on enterprise's objective
• D. Balance the costs and benefits of managing risk

Correct answer: B, C, D

Explanation

The correct answers B, C, and D focus on ensuring clear communication, aligning with organizational objectives, and evaluating the trade-offs in risk management. Option A, while important, does not directly contribute to the effectiveness of risk management like the other options do.