Certified in Risk and Information Systems Control (CRISC) — Question 560
Which of the following is the GREATEST concern when establishing key risk indicators (KRIs)?
Answer options
- A. Nonexistent benchmark analysis
- B. Ineffective methods to assess risk
- C. Incomplete documentation for KRI monitoring
- D. High percentage of lagging indicators
Correct answer: B
Explanation
The correct answer is B because ineffective methods to assess risk can lead to inaccurate evaluations of potential threats, undermining the purpose of KRIs. While nonexistent benchmark analysis, incomplete documentation, and a high percentage of lagging indicators are concerns, they do not have as immediate an impact on the effectiveness of risk assessment as the methods used.