IT Risk Fundamentals Certificate Exam (IT-Risk-Fundamentals) Free Practice Test

Question 1

A key risk indicator (KRI) is PRIMARILY used for which of the following purposes?

A. Predicting risk events

B. Facilitating dashboard reporting

C. Optimizing risk management

Correct Answer: A

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Question 2

For risk reporting to adequately reflect current risk management capabilities, the risk report should be based on the enterprise:

A. risk profile.

B. risk appetite.

C. risk management framework.

Correct Answer: A

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Question 3

Which of the following is MOST important for a risk practitioner to ensure when preparing a risk report?

A. The risk report should be uniform for all stakeholders to ensure consistency.

B. The risk report should be published for transparency and enterprise risk awareness.

C. The risk report should be customized to stakeholder expectations.

Correct Answer: C

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Question 4

To address concerns of increased online skimming attacks, an enterprise is training the software development team on secure software development practices. This is an example of which of the following risk response strategies?

A. Risk avoidance

B. Risk acceptance

C. Risk mitigation

Correct Answer: C

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Question 5

Which of the following is considered an exploit event?

A. Any event that is verified as a security breach

B. An attacker takes advantage of a vulnerability

C. The actual occurrence of an adverse event

Correct Answer: B

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Question 6

Which of the following provides the MOST important input for analyzing I&T-related risk?

A. Information about threats and vulnerabilities

B. Information about past incidents, frequency, and loss to the organization

C. Information about market trends and technology evolution

Correct Answer: A

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Question 7

Organizations monitor control statuses to provide assurance that:

A. return on investment (ROI) objectives are met.

B. compliance with established standards is achieved.

C. risk events are being fully mitigated.

Correct Answer: B

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Question 8

What is the PRIMARY benefit of using generic technology terms in IT risk assessment reports to management?

A. Clarity on the proper interpretation of reported risk

B. Simplicity in translating risk reports into other languages

C. Ease of promoting risk awareness with key stakeholders

Correct Answer: A

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Question 9

To establish an enterprise risk appetite, an organization should:

A. establish risk tolerance for each business unit.

B. aggregate risk statements for all lines of business.

C. normalize risk taxonomy across the organization.

Correct Answer: A

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ISACA IT Risk Fundamentals Certificate (IT-Risk-Fundamentals) Free Practice Test