CRISC Exam Dumps - Get Valid CRISC PDF Questions Answers

ChristopherAllan75103

Download Authentic Isaca CRISC Exam Questions Answers PDF: https://authenticdumps.com/dumps/crisc/ 20% Discount: Use this Coupon [SAVE20] AuthenticDumps.com Provides 100% Updated Isaca CRISC Exam Questions and it's actual Answers which are verified Isaca Experts. Isaca CRISC Exam Dumps PDF is a recommended way to pass your CRISC Exam with High Marks. Visit AuthenticDumps.com to Get more information about CRISC exam.

atempt to increase the probability and/or impact of positie risks.

Answern D is incorrect. Risk acceptance means that no acton is taken relatie to a partcular risk; loss

is accepted if it occurs.

Question 6

You are the project manager of the NHQ project in Bluewell Inc. The project has an asset ialued at

$200s000 and is subjected to an exposure factor of 45 percent. If the annual rate of occurrence of loss

in this project is once a months then what will be the Annual Loss Expectancy (ALE) of the project?

A. $ 2s160s000

B. $ 95s000

C. $ 90s000

D. $ 108s000

Aoswern D

Explanatonn

The ALE of this project will be $ 108s000.

Single Loss Expectancy is a term related to Quanttatie Risk Assessment. It can be deined as the

monetary ialue expected from the occurrence of a risk on an asset. It is mathematcally expressed as

followsn

SLE = Asset ialue * Exposure factor

Therefores

SLE = 200s000 * 0.45

= $ 90s000

As the loss is occurring once eiery months therefore ARO is 12. Now ALE can be calculated as followsn

ALE = SLE * ARO

= 90s000 * 12

= $ 108s000

Question 7

Which of the following is NOT true for Key Risk Indicators?

A. The complete set of KRIs should also balance indicators for risks root causes and business

impact.

B. They help aioid haiing to manage and report on an excessiiely large number of risk indicators

C. They are monitored annually

D. They are selected as the prime monitoring indicators for the enterprise

Aoswern C

Explanatonn

They are monitored on regular basis as they indicate high probability and high impact risks. As risks

change oier tmes hence KRIs should also be monitored regularly for its efectieness on these

changing risks.

More magazines by this user
Similar magazines