Why is it important to assign ownership to each asset?

To transfer all risk to the owner

To reduce the need for asset inventories

To increase the asset's market value

To ensure accountability for the asset's security and maintenance

A retail company is conducting a BIA to prioritize recovery efforts. The BIA team interviews department heads and analyzes the impact of losing each business process. Which output is the BIA most likely to provide?

A communication plan for notifying employees during a disruption

A list of all hardware assets and their purchase dates

A list of critical processes ranked by their recovery priority and associated RTOs

A detailed technical plan for restoring the IT infrastructure

What is the first step in organizational asset management?

Assigning ownership to each asset

Classifying assets by criticality

Identifying all assets owned or used by the organization

Determining the value of each asset

A company's DRP specifies that the primary data center must be restored within 24 hours, but the backup site is located 500 miles away. The risk manager is concerned that the distance may affect the ability to meet the RTO. Which factor is most important to evaluate?

The time required to transfer data to the backup site and bring systems online

The number of employees at the backup site

The physical security of the backup site

Certified in Risk and Information Systems Control

Domain 1Objective 3

Resource Management CRISC Practice Questions (Page 6)

Part of the Domain 1: Governance domain, which accounts for 26% of the CRISC exam.

29questions here

6free pages

9concepts

26%of the exam

Questions 26–29

26foundation · easy
Why is it important to assign ownership to each asset?
Select an answer first
27application · medium
A retail company is conducting a BIA to prioritize recovery efforts. The BIA team interviews department heads and analyzes the impact of losing each business process. Which output is the BIA most likely to provide?
Select an answer first
28foundation · easy
What is the first step in organizational asset management?
Select an answer first
29expert · hard
A company's DRP specifies that the primary data center must be restored within 24 hours, but the backup site is located 500 miles away. The risk manager is concerned that the distance may affect the ability to meet the RTO. Which factor is most important to evaluate?
Select an answer first

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