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Exam IIA-CIA-Part3 All Questions

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Exam IIA-CIA-Part3 topic 1 question 72 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 72
Topic #: 1
[All IIA-CIA-Part3 Questions]

Which mindset promotes the most comprehensive risk management strategy?

  • A. Increase shareholder value.
  • B. Maximize market share.
  • C. Improve operational efficiency.
  • D. Mitigate losses.
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Suggested Answer: A 🗳️

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137a7a9
2 weeks, 4 days ago
Selected Answer: D
Risk management applies to all types of organisations, not just publicly listed. Shareholder value does not apply to Gov, private, NFP etc. Plus it can place too much focus purely on financial results. It is too limited to be a good answer. The purpose of risk management is to protect the assets of the organisation it makes sense that a mindset of mitigating losses will foster a positive risk management strategy.
upvoted 1 times
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64121de
1 month, 3 weeks ago
Selected Answer: A
If Part2, I would choose A.
upvoted 1 times
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64121de
1 month, 3 weeks ago
Selected Answer: B
If part2, I would choose B
upvoted 1 times
64121de
1 month, 3 weeks ago
sorry mistaking
upvoted 1 times
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emtofid
3 months, 1 week ago
Selected Answer: D
D. Mitigate losses provides a more balanced and holistic approach to risk management, ensuring that threats across the organization are addressed systematically.
upvoted 1 times
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34205ac
4 months, 3 weeks ago
Selected Answer: D
D is more reasonable answer
upvoted 2 times
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