Certified in Risk and Information Systems Control (CRISC) — Question 218

Quantifying the value of a single asset helps the organization to understand the:

Answer options

• A. necessity of developing a risk strategy.
• B. consequences of risk materializing.
• C. organization's risk threshold.
• D. overall effectiveness of risk management.

Correct answer: B

Explanation

The correct answer, B, highlights that understanding the consequences of risk materializing is essential for effective risk management. Options A and C relate to strategies and thresholds but do not focus directly on the outcomes of risks. Option D pertains to overall management effectiveness, which is broader and not as specific as the correct answer.