What is the process for selecting and implementing measures to impact risk called?

What is the process for selecting and implementing measures to impact risk called? A. Risk Treatment B. Control C. Risk Assessment D. Risk Management Explanation: The process for selecting and implementing measures for impacting risk in the environment is called risk treatment. Incorrect Answers:C: The process of analyzing and evaluating risk is called risk assessment. […]

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What is the PRIMARY need for effectively assessing controls?

What is the PRIMARY need for effectively assessing controls? A. Control’s alignment with operating environment B. Control’s design effectiveness C. Control’s objective achievement D. Control’s operating effectiveness Explanation: Controls can be effectively assessed only by determining how accurately the control objective is achieved within the environment in which they are operating. Noconclusion can be reached […]

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When you fast track the project, what is likely to increase?

You work as the project manager for Bluewell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decide, with your stakeholders’ approval, to fast track the project work to get the project done faster. When you fast track the project, what is likely to increase? A. […]

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What type of risk response has David adopted?

David is the project manager of the HRC Project. He has identified a risk in the project, which could cause the delay in the project. David does not want this risk event to happen so he takes few actions to ensure that the risk event will not happen. These extra steps, however, cost the project […]

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Which of the following is the MOST important objective of the information system control?

Which of the following is the MOST important objective of the information system control? A. Business objectives are achieved and undesired risk events are detected and corrected B. Ensuring effective and efficient operations C. Developing business continuity and disaster recovery plans D. Safeguarding assets Explanation: The basic purpose of Information System control in an organization […]

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Which of the following do NOT indirect information?

Which of the following do NOT indirect information? A. Information about the propriety of cutoff B. Reports that show orders that were rejected for credit limitations. C. Reports that provide information about any unusual deviations and individual product margins. D. The lack of any significant differences between perpetual levels and actual levels of goods. Explanation: […]

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