Certified in Risk and Information Systems Control (CRISC) — Question 75
Which of the following is the MOST important consideration when selecting key risk indicators (KRIs) to monitor risk trends over time?
Answer options
- A. Ability to predict trends
- B. Ongoing availability of data
- C. Availability of automated reporting systems
- D. Ability to aggregate data
Correct answer: A
Explanation
The correct answer is A, as the primary function of KRIs is to provide insights into risk trends, making their predictive ability essential. While ongoing data availability (B), automated reporting systems (C), and data aggregation (D) are important, they do not directly address the primary goal of KRIs, which is to anticipate future risk developments.