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The risk trend shows the direction of risk and probable change to risk over the next 12 months. A trend toward increasing risk means that
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CRCM Exam - Question 10
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Correct Answer: A
A trend toward increasing risk implies that the risk level is getting higher over time. As a result, management may need to take additional action to mitigate this growing risk, potentially through more controls, enhanced reviews, or other preventive measures. This is essential to ensure that the risk remains within acceptable limits set by the management's risk-tolerance level.
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1 commentJessyJazz24Option: A
Oct 4, 2023The company will get more reviews and the management will give good reviews to the controllers