Which of the following is NOT true for risk governance?

Posted by: Pdfprep Category: CRISC Tags: , ,

Which of the following is NOT true for risk governance?
A . Risk governance is based on the principles of cooperation, participation, mitigation and sustainability, and is adopted to achieve more effective risk management.
B . Risk governance requires reporting once a year.
C . Risk governance seeks to reduce risk exposure and vulnerability by filling gaps in risk policy.
D . Risk governance is a systemic approach to decision making processes associated to natural and technological risks.

Answer: B

Explanation:

Risk governance is a continuous life cycle that requires regular reporting and ongoing review, not once a year.

Incorrect Answers:

A, C, D: These are true for risk governance.

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