CRISC · Question #349
Which of the following is the PRIMARY benefit of consistently recording risk assessment results in the risk register?
The correct answer is D. Accuracy of risk profiles. Consistently recording risk assessment results in a risk register primarily benefits the accuracy of risk profiles by providing a historical and current view of identified risks.
Question
Which of the following is the PRIMARY benefit of consistently recording risk assessment results in the risk register?
Options
- AAssessment of organizational risk appetite
- BCompliance with best practice
- CAccountability for loss events
- DAccuracy of risk profiles
How the community answered
(31 responses)- B3% (1)
- C6% (2)
- D90% (28)
Why each option
Consistently recording risk assessment results in a risk register primarily benefits the accuracy of risk profiles by providing a historical and current view of identified risks.
While a risk register informs risk appetite, it doesn't primarily assess it; risk appetite is determined by management.
While recording in a risk register is a best practice, compliance with it is not the primary benefit regarding risk management outcomes.
A risk register helps track accountability for risk ownership and mitigation but does not directly ensure accountability for loss events after they occur.
A risk register serves as a central repository for all identified risks, their assessment results, mitigation strategies, and current status. Consistently recording this information ensures that the organization has an accurate, up-to-date, and comprehensive view of its entire risk landscape, allowing for more precise risk profiling, trend analysis, and informed decision-making over time.
Concept tested: Risk register purpose
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