Exam ISACA CRISC Objectives Pdf, CRISC Valid Test Vce

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ISACA CRISC Exam Syllabus Topics:

SectionWeightObjectives
IT Risk Assessment26%- Assess capability maturity
  • 1. Control assessment framework
  • 2. Risk management maturity models
- Risk analysis methodologies
  • 1. Risk ownership and accountability
  • 2. Qualitative and quantitative analysis
- Identify control effectiveness
  • 1. Root cause analysis
  • 2. Risk and control gap analysis
Risk Response and Mitigation20%- Develop and implement controls
  • 1. Control types and classification
  • 2. Control design and optimization
- Manage and monitor risk treatment
  • 1. Risk response strategies
  • 2. Risk appetite and tolerance
  • 3. Third-party risk management
IT Risk Identification26%- Communicate risk analysis
  • 1. Risk register management
  • 2. Risk reporting and escalation
- Analyze and classify information
  • 1. Risk scenarios and events
  • 2. Threat landscape and vulnerability assessment
- Collect and process information
  • 1. Risk taxonomy and terminology
  • 2. Risk aggregation and reporting
  • 3. Business continuity and disaster recovery
Monitoring and Reporting28%- Communicate risk and control status
  • 1. Senior management reporting
  • 2. Board reporting
  • 3. Risk dashboards and reporting
- Key risk indicator (KRI) development
  • 1. KRI threshold setting
  • 2. Performance monitoring
- Risk and control monitoring
  • 1. Continuous monitoring
  • 2. Control testing and validation
  • 3. Incident management

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ISACA Certified in Risk and Information Systems Control Sample Questions (Q519-Q524):

NEW QUESTION # 519
Which of the following is the PRIMARY factor in determining a recovery time objective (RTO)?

Answer: C

Explanation:
A recovery time objective (RTO) is the maximum acceptable time or duration that a business process or function can be disrupted or unavailable due to a disaster or incident, before it causes unacceptable or intolerable consequences for the organization. It is usually expressed in hours, days, or weeks, and it is aligned with the organization's business continuity and disaster recovery objectives and requirements.
The primary factor in determining a RTO is the cost of downtime due to a disaster, which is the estimated loss or damage that the organization may suffer if a business process or function is disrupted or unavailable for a certain period of time. The cost of downtime can be expressed in terms of financial, operational, reputational, or legal consequences, and it can help the organization to assess the impact and urgency of the disaster, and to decide on the appropriate recovery strategy and resources.
The other options are not the primary factors in determining a RTO, because they do not address the fundamental question of how long the organization can tolerate the disruption or unavailability of a business process or function.
The cost of offsite backup premises is the cost of acquiring, maintaining, or using an alternative or secondary location or facility that can be used to resume or continue the business process or function in case of a disaster or incident. The cost of offsite backup premises is important to consider when selecting or implementing a recovery strategy, but it is not the primary factor in determining a RTO, because it does not indicate the impact or urgency of the disaster, and it may not reflect the organization's business continuity and disaster recovery objectives and requirements.
The cost of testing the business continuity plan is the cost of conducting, evaluating, or improving the tests or exercises that are performed to verify or validate the effectiveness and efficiency of the business continuity plan, which is the document that describes the actions and procedures that the organization will take to recover or restore the business process or function in case of a disaster or incident. The cost of testing the business continuity plan is important to consider when developing or updating the business continuity plan, but it is not the primary factor in determining a RTO, because it does not indicate the impact or urgency of the disaster, and it may not reflect the organization's business continuity and disaster recovery objectives and requirements.
The response time of the emergency action plan is the time or duration that it takes for the organization to initiate or execute the emergency action plan, which is the document that describes the immediate actions and procedures that the organization will take to protect the life, health, and safety of the people, and to minimize the damage or loss of the assets,in case of a disaster or incident. The response time of the emergency action plan is important to consider when preparing or reviewing the emergency action plan, but it is not the primary factor in determining a RTO, because it does not indicate the impact or urgency of the disaster, and it may not reflect the organization's business continuity and disaster recovery objectives and requirements. References = ISACA, CRISC Review Manual, 7th Edition, 2022, pp. 62-63, 66-67, 70-71, 74-75, 78-79 ISACA, CRISC Review Questions, Answers & Explanations Database, 2022, QID 165 CRISC Practice Quiz and Exam Prep


NEW QUESTION # 520
Senior management has asked a risk practitioner to develop technical risk scenarios related to a recently
developed enterprise resource planning (ERP) system. These scenarios will be owned by the system manager.
Which of the following would be the BEST method to use when developing the scenarios?

Answer: C

Explanation:
A cause-and-effect diagram, also known as a fishbone diagram or an Ishikawa diagram, is a graphical tool
that helps to identify and analyze the potential causes and effects of a problem or an event. A cause-and-effect
diagram can be used to develop technical risk scenarios related to a recently developed ERP system, because
it can help to:
Break down the complex problem or event into manageable and measurable categories and subcategories of
causes and effects
Visualize the relationships and interactions among the various factors that contribute to the problem or event
Identify the root causes and the most significant effects of the problem or event
Generate ideas and hypotheses for testing and validating the problem or event
Communicate and present the problem or event clearly and logically to the stakeholders1
A cause-and-effect diagram can be constructed by following these steps:
Define the problem or event and write it in a box on the right side of the diagram
Draw a horizontal line from the box to the left side of the diagram, representing the main spine of the fishbone
Identify the major categories of causes that affect the problem or event, such as people, process, technology,
environment, etc., and write them on the branches of the spine
For each category, brainstorm and list the possible subcategories and specific causes that influence the
problem or event, and write them on the sub-branches of the spine
For each cause, identify and list the possible effects or consequences that result from the problem or event,
and write them on the sub-sub-branches of the spine
Analyze the diagram and prioritize the causes and effects based on their frequency, severity, and
controllability
Develop technical risk scenarios based on the most critical causes and effects, and describe how they could
affect the ERP system and the organization1


NEW QUESTION # 521
Which of the following roles is BEST suited to help a risk practitioner understand the impact of IT-related events on business objectives?

Answer: A


NEW QUESTION # 522
Which of the following interpersonal skills has been identified as one of the biggest reasons for project success or failure?

Answer: A

Explanation:
Explanation/Reference:
Explanation:
Communication has been identified as one of the biggest reasons for why projects succeeds or fails.
Effective communication is essential for good project management.
Communication is a process in which information is passed from one person to another. A manager asks his subordinates to accomplish the task assigned to them. He should successfully pass the information to his subordinates. It is a means of motivating and guiding the employees of an enterprise.
Incorrect Answers:
A: While motivation is one of the important interpersonal skill, but it is not the best answer.
B: Influencing the project stakeholders is a needed interpersonal skill, but it is not the best answer.
D: Political and cultural awareness is an important part of every project, but it is not the best answer for this question


NEW QUESTION # 523
Which of the following is the PRIMARY responsibility of the first line of defense related to computer- enabled fraud?

Answer: C

Explanation:
Computer-enabled fraud is the use of information technology (IT) to commit or conceal fraudulent activities, such as theft, manipulation, or unauthorized access of data, systems, or networks. Computer-enabled fraud can pose significant risks to an organization, such as financial loss, reputational damage, legal liability, or regulatory sanctions. Therefore, an organization should establish a comprehensive and effective framework to prevent, detect, and respond to computer-enabled fraud. The framework should involve three lines of defense, which are the roles and responsibilities of different functions within theorganization to manage and control risks. The first line of defense consists of the business owners, whose role is to identify, assess, and manage risks, including computer-enabled fraud risks. The primary responsibility of the first line of defense related to computer-enabled fraud is to implement processes to detect and deter fraud. This means designing and executing controls that can prevent or reduce the occurrence of computer-enabled fraud, such as authentication, authorization, encryption, logging, or segregation of duties. This also means monitoring and reporting any suspicious or anomalous activities or transactions that may indicate computer-enabled fraud, such as unusual patterns, volumes, or frequencies of data or system access or usage. Implementing processes to detect and deter fraud can help the first line of defense to protect the organization's assets, data, and reputation from computer-enabled fraud, and to comply with the organization's policies and regulations. References = Three Lines of Defence, Roles of Three Lines of Defense for Information Security and Governance, THE THREE LINES OF DEFENSE IN EFFECTIVE RISK MANAGEMENT AND CONTROL, The Three Lines of Defense.


NEW QUESTION # 524
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