The correct answer is B. consequences of risk materializing.
Quantifying the value of a single asset helps the organization understand the potential consequences of that asset being exposed to risks and how those risks could impact the organization. This information is essential for risk assessment and management, as it allows the organization to assess the potential losses or damages that could occur if a risk materializes. It provides valuable data for decision-making related to risk mitigation, insurance, and resource allocation.
B. consequences of risk materializing.
Quantifying the value of a single asset helps the organization understand the potential consequences of a risk materializing. When you know the value of an asset, you can assess the potential financial or operational impact that could result from a risk event affecting that asset.
A: seems correct Quantifying an asset has nothing to do with consequences of risk materializing. But it can help with developing a risk strategy in case something goes wrong with that asset.
This section is not available anymore. Please use the main Exam Page.CRISC Exam Questions
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
MusMus
Highly Voted 2 years, 3 months agoSuperMax
Most Recent 5 months, 1 week agoStaanlee
7 months, 2 weeks agoCbtL
1 year agoCeecil1959
2 years agoRaj1510
2 years, 2 months agoMJORGER
2 years, 9 months agoARAMiS
2 years, 9 months ago