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IIA-CIA-PART2 · Question #41

IIA-CIA-PART2 Question #41: Real Exam Question with Answer & Explanation

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Question

A large investment organization hired a chief risk officer (CRO) to be responsible for the organization's risk management processes. Which of the following people should prioritize risks to be used for the audit plan?

Options

  • AOperational management, because they are responsible for the day-to-day management of the
  • BThe CRO, because he is responsible for coordinating and project managing risk activities based
  • CThe chief audit executive, although he is not accountable for risk management in the organization.
  • DThe CEO, because he has ultimate responsibility for ensuring that risks are managed within the

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