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Exam CRISC topic 1 question 685 discussion

Actual exam question from Isaca's CRISC
Question #: 685
Topic #: 1
[All CRISC Questions]

Quantifying the value of a single asset helps the organization to understand the:

  • A. necessity of developing a risk strategy.
  • B. consequences of risk materializing.
  • C. organization's risk threshold.
  • D. overall effectiveness of risk management.
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Suggested Answer: B 🗳️

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MusMus
Highly Voted 2 years, 3 months ago
Selected Answer: B
B makes more sense, how would quantifying a single asset help the organization understand the necessity of dev a risk strategy ?
upvoted 8 times
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SuperMax
Most Recent 5 months, 1 week ago
Selected Answer: B
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.
upvoted 1 times
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Staanlee
7 months, 2 weeks ago
Selected Answer: B
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.
upvoted 1 times
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CbtL
1 year ago
Selected Answer: B
It is B.
upvoted 1 times
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Ceecil1959
2 years ago
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.
upvoted 1 times
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Raj1510
2 years, 2 months ago
support B
upvoted 4 times
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MJORGER
2 years, 9 months ago
A is correct.
upvoted 2 times
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ARAMiS
2 years, 9 months ago
Answer is B
upvoted 3 times
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