Certified in Risk and Information Systems Control (CRISC) — Question 361

Which of the following is the PRIMARY benefit of stakeholder involvement in risk scenario development?

Answer options

• A. Awareness of emerging business threats
• B. Up-to-date knowledge on risk responses
• C. Ability to determine business impact
• D. Decision-making authority for risk treatment

Correct answer: C

Explanation

The correct answer is C because stakeholder involvement is crucial for accurately assessing the potential impacts of risks on the business. While awareness of threats, knowledge on responses, and decision-making authority are important, they do not primarily define the benefit of stakeholder participation in risk scenario development.