What type of risk response is this?

Wendy has identified a risk event in her project that has an impact of $75,000 and a 60 percent chance of happening. Through research, her project team learns that the risk impact can actually be reduced to just $15,000 with only a ten percent chance of occurring. The proposed solution will cost $25,000. Wendy...

Which of the following is the MOST important objective of the information system control?

Which of the following is the MOST important objective of the information system control?A . Business objectives are achieved and undesired risk events are detected and correctedB . Ensuring effective and efficient operationsC . Developing business continuity and disaster recovery plansD . Safeguarding assets View Answer Answer: A Explanation: The basic purpose of Information...

Which of the following role carriers is accounted for analyzing risks, maintaining risk profile, and risk-aware decisions?

Which of the following role carriers is accounted for analyzing risks, maintaining risk profile, and risk-aware decisions?A . Business managementB . Business process ownerC . Chief information officer (CIO)D . Chief risk officer (CRO) View Answer Answer: D Explanation: Business management is the business individuals with roles relating to managing a program. They are...