Certified in Risk and Information Systems Control (CRISC) — Question 476
Which of the following is the MOST important characteristic of a key risk indicator (KRI) to enable decision-making?
Answer options
- A. Listing alternative causes for risk events
- B. Setting minimum sample sizes to ensure accuracy
- C. Monitoring the risk until exposure is reduced
- D. Illustrating changes in risk trends
Correct answer: D
Explanation
The correct answer is D because illustrating changes in risk trends allows organizations to make informed decisions based on how risks evolve over time. The other options, while relevant to risk management, do not directly contribute to the ability to make timely and effective decisions based on risk indicators.