CRISC Study Guide and Practice Questions

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CRISC Questions And Answers Download

crisc certification practice questions crisc test questions


Q:1-Which of the following represents lack of adequate controls?
Mark one answer:

Vulnerability
Threat
Asset
Impact



Q:2-Which among the following acts as a trigger for risk response process?
Mark one answer:

Risk level increases above risk appetite
Risk level increase above risk tolerance
Risk level equates risk appetite
Risk level equates the risk tolerance


Q:3-There are five inputs to the quantitative risk analysis process. Which one of the following is NOT an input to quantitative risk analysis process?
Mark one answer:

Risk management plan
Enterprise environmental factors
Cost management plan
Risk register


Q:4-Which of following is NOT used for measurement of Critical Success Factors of the project?
Mark one answer:

Productivity
Quality
Quantity
Customer service


Q:5-Which of the following role carriers is accounted for analyzing risks, maintaining risk profile, and risk-aware decisions?
Mark one answer:

Business management
Business process owner
Chief information officer (CIO)
Chief risk officer (CRO)


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Q:6-Which of the following is true for Cost Performance Index (CPI)?
Mark one answer:

If the CPI > 1, it indicates better than expected performance of project
CPI = Earned Value (EV) * Actual Cost (AC)
It is used to measure performance of schedule
If the CPI = 1, it indicates poor performance of project


Q:7-Which section of the Sarbanes-Oxley Act specifies "Periodic financial reports must be certified by CEO and CFO"?
Mark one answer:

Section 302
Section 404
Section 203
Section 409


Q:8-You are working on a project in an enterprise. Some part of your project requires e-commerce, but your enterprise choose not to engage in e-commerce. This scenario is demonstrating which of the following form?
Mark one answer:

risk avoidance
risk treatment
risk acceptance
risk transfer


Q:9-What are the two MAJOR factors to be considered while deciding risk appetite level?
Mark one answer:

The amount of loss the enterprise wants to accept
The capacity of the enterprise's objective to absorb loss.
All of the above


Q:10-Which of the following is a technique that provides a systematic description of the combination of unwanted occurrences in a system?
Mark one answer:

Sensitivity analysis
Scenario analysis
Fault tree analysis
Cause and effect analysis



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