What is the MOST important reason for monitoring Key Risk Indicators (KRIs)?
What is the MOST important reason for monitoring Key Risk Indicators (KRIs)?
The most important reason for monitoring Key Risk Indicators (KRIs) is that the organization's risk profile is subject to change. By closely monitoring KRIs, an organization can detect early signs of potential risks and take proactive measures to mitigate them, thereby effectively managing and adapting to changes in the risk environment.
Correct answer is A, risk changes
Answer is A.
Answer is A.
monitor KRI for risk changes