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Exam IIA-CIA-Part3 topic 2 question 236 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 236
Topic #: 2
[All IIA-CIA-Part3 Questions]

An organization is considering integration of governance, risk, and compliance (GRC) activities into a centralized technology-based resource. In implementing this GRC resource, which of the following is a key enterprise governance concern that should be fulfilled by the final product?

  • A. The board should be fully satisfied that there is an effective system of governance in place through accurate quality information provided
  • B. Compliance, audit, and risk management can find and seek efficiencies between their functions through integrated information reporting.
  • C. Key compliance and risk metrics can be tracked and compared throughout the enterprise aiding in identifying problem departments
  • D. Data analytics can be utilized for trending of the data to ensure that patterns and ongoing monitoring occurs throughout the organization
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Suggested Answer: B 🗳️
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A (100%)

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Chosen Answer:
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Elvoo
1 month ago
Selected Answer: A
why not A?
upvoted 1 times
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emtofid
1 month, 4 weeks ago
Selected Answer: A
The key enterprise governance concern in implementing a GRC system is to ensure that the board of directors has full confidence in the organization's governance system. This confidence comes from accurate, high-quality information that allows the board to effectively oversee the organization’s governance, risk management, and compliance activities. An effective GRC solution should provide the board with real-time, reliable data on how governance structures and controls are functioning across the organization, enabling them to make informed decisions and ensure proper oversight.
upvoted 2 times
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Community vote distribution
A (35%)
C (25%)
B (20%)
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