CRISC - Review Class Study Guide 2024/2025
ERM - Answer️️ -The discipline by which an enterprise in any industry assesses,
controls, exploits, finances and monitors risk from all sources for the purpose of
increasing the enterprises short and long term value to its stakeholders
IS Control -...
Addresses for the impact and the interactions of risk at each level and across levels
Enterprise Risk - Answer✔️✔️-Risk Associated with an organizations ability to meet
its objectives and provide stakeholder value
Strategic Risk - Answer✔️✔️-Risk associated with large scale initiatives that do not
deliver as expected
Environmental risk - Answer✔️✔️-risk associated with pollution from facilities and
machinery
Market Risk - Answer✔️✔️-Risk Associated with the decrease in value of physical
investments such as property or equipment
Credit Risk - Answer✔️✔️-Risk associated with the variance between operating
expenses and revenue-reducing borrowing power
Operational risk - Answer✔️✔️-Risk Associated with employee mistakes and system
errors
Compliance Risk - Answer✔️✔️-Risk Associated with failure to comply with a
regulatory guideline or industry regulation
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £11.01. You're not tied to anything after your purchase.
