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Question 776 - CRISC discussion

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Which of the following statements describes the relationship between key risk indicators (KRIs) and key control indicators (KCIs)?

A.
KRI design must precede definition of KCIs.
Answers
A.
KRI design must precede definition of KCIs.
B.
KCIs and KRIs are independent indicators and do not impact each other.
Answers
B.
KCIs and KRIs are independent indicators and do not impact each other.
C.
A decreasing trend of KRI readings will lead to changes to KCIs.
Answers
C.
A decreasing trend of KRI readings will lead to changes to KCIs.
D.
Both KRIs and KCIs provide insight to potential changes in the level of risk.
Answers
D.
Both KRIs and KCIs provide insight to potential changes in the level of risk.
Suggested answer: A
asked 18/09/2024
Michael Akinpelu
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