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Exam CRISC topic 1 question 775 discussion

Actual exam question from Isaca's CRISC
Question #: 775
Topic #: 1
[All CRISC Questions]

An organization has just started accepting credit card payments from customers via the corporate website. Which of the following is MOST likely to increase as a result of this new initiative?

  • A. Risk appetite
  • B. Residual risk
  • C. Risk tolerance
  • D. Inherent risk
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Suggested Answer: D 🗳️

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Fadooo
3 months, 3 weeks ago
Inherent risk refers to the level of risk associated with a process or activity before any risk mitigation strategies are applied. Introducing a new initiative, such as accepting credit card payments, often increases the inherent risk, as it brings new potential risks and vulnerabilities into the organization. The inherent risk is the risk inherent in the nature of the activity itself. While risk tolerance (Option C), risk appetite (Option A), and residual risk (Option B) are important concepts in risk management, the introduction of a new initiative typically affects the inherent risk level the most before any risk mitigation measures are implemented.
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CbtL
11 months ago
Selected Answer: D
Agree it is D.
upvoted 1 times
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john_boogieman
1 year ago
Selected Answer: D
Agree.
upvoted 2 times
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Suchib
1 year, 2 months ago
Yes, its a new type of business, so all risk related to credit card would be applicable.Hence the overall inherent risk will increase.
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Raj1510
2 years, 1 month ago
Agree D
upvoted 2 times
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