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Question 70 - IT Risk Fundamentals discussion

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As part of the control monitoring process, frequent control exceptions are MOST likely to indicate:

A.

excessive costs associated with use of a control.

Answers
A.

excessive costs associated with use of a control.

B.

misalignment with business priorities.

Answers
B.

misalignment with business priorities.

C.

high risk appetite throughout the enterprise.

Answers
C.

high risk appetite throughout the enterprise.

Suggested answer: B

Explanation:

Control Monitoring Process:

The control monitoring process involves regular review and assessment of controls to ensure they are operating effectively and as intended.

Frequent Control Exceptions:

Frequent exceptions in control processes often indicate that the controls are not aligning well with the business priorities or operational needs.

This misalignment can occur when controls are too rigid, outdated, or not suited to the current business environment, leading to frequent violations or bypassing of controls.

Comparison of Options:

A excessive costs associated with the use of a control might be a concern, but it is not the primary reason for frequent exceptions.

C high risk appetite throughout the enterprise might lead to more accepted risks but does not directly explain frequent control exceptions.

Conclusion:

Therefore, frequent control exceptions are most likely to indicate misalignment with business priorities.

asked 18/11/2024
Andrea Chichiarelli
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