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Exam CRISC topic 1 question 1757 discussion

Actual exam question from Isaca's CRISC
Question #: 1757
Topic #: 1
[All CRISC Questions]

What is the MOST important consideration when selecting key performance indicators (KPIs) for control monitoring?

  • A. Source information is acquired at stable cost.
  • B. Source information is tailored by removing outliers.
  • C. Source information is readily quantifiable.
  • D. Source information is consistently available.
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Suggested Answer: D 🗳️

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Sara98
1 month, 2 weeks ago
Selected Answer: D
Consistent availability of source information is critical for monitoring KPIs because it ensures that the data can be reliably gathered over time.
upvoted 1 times
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Staanlee
3 months, 3 weeks ago
Selected Answer: D
D. Source information is consistently available. The most important consideration when selecting key performance indicators (KPIs) for control monitoring is that the source information is consistently available. Reliable and consistent data availability ensures that KPIs can be tracked and monitored over time, providing accurate and actionable insights for effective control monitoring.
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efe6fee
4 months, 1 week ago
Selected Answer: C
I believe C KPIs should be SMART • Specific-based on a clearly understood goal; clear and concise • Measurable-able to be measured; quantifiable (objective), not subjective • Attainable-realistic; based on important goals and values • Relevant-directly related to a specific activity or goal • Timely-grounded in a specific time frame Additionally, KPis should be: • Valuable to the business • Tied to a business function or service • Under the control of management • Quantitatively measured • Usable in different reporting periods (for consistency)
upvoted 1 times
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