Isaca Certified in Risk and Information Systems Control CRISC Question # 464 Topic 47 Discussion
CRISC Exam Topic 47 Question 464 Discussion:
Question #: 464
Topic #: 47
An organization has committed to a business initiative with the knowledge that the risk exposure is higher than the risk appetite. Which of the following is the risk practitioner's MOST important action related to this decision?
Formal acceptance of the risk is critical when the risk exposure exceeds the risk appetite, as it ensures accountability and acknowledges the decision at the appropriate level. Documenting acceptance involves communicating the potential impacts and obtaining agreement from senior stakeholders. This process aligns with theRisk Response and Reportingdomain in CRISC, emphasizing clear documentation and communication of risks for decision-making.
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