IIA-CIA-PART2 · Question #113
Which of the following is most likely to be judged as a significant residual risk that would exceed the organization's acceptable risk level?
The correct answer is D. Any risk that could cause injuries or pollute the environment. A significant residual risk that would exceed the organization's acceptable risk level is likely to be one that has severe consequences, such as causing injuries or environmental pollution. These types of risks can have substantial legal, financial, and reputational impacts on…
Question
Which of the following is most likely to be judged as a significant residual risk that would exceed the organization's acceptable risk level?
Options
- AAny risk involving organizational expansion into a new geographical area with an unstable political
- BAny risk involving investments into bitcoin and suspicious derivatives
- CAny risk that can cause material or financial loss
- DAny risk that could cause injuries or pollute the environment
How the community answered
(50 responses)- A24% (12)
- B14% (7)
- C8% (4)
- D54% (27)
Explanation
A significant residual risk that would exceed the organization's acceptable risk level is likely to be one that has severe consequences, such as causing injuries or environmental pollution. These types of risks can have substantial legal, financial, and reputational impacts on an organization and are typically beyond acceptable levels of risk tolerance.
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