CRISC IT Risk Assessment Practice Question
A risk practitioner is calculating the residual risk for a critical asset. Which THREE factors should be considered?
⚠ Common exam trap
It's easy for candidates to confuse factors that influence the decision to accept residual risk (like risk appetite and cost of controls) with the direct inputs required to calculate the residual risk level itself.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Control design adequacy
Residual risk is the risk remaining after controls are applied. To calculate it, you must know the inherent risk level (the risk before controls) and then assess how effectively controls reduce that risk. Control design adequacy and operating effectiveness determine how much the inherent risk is mitigated, directly impacting the residual risk calculation.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Cost of controls
Why it's wrong here
Cost is considered in cost-benefit analysis, not in residual risk calculation.
- ✓
Control design adequacy
Why this is correct
Design adequacy determines if controls can address the risk.
- ✗
Risk appetite
Why it's wrong here
Risk appetite is used to evaluate acceptability, not to calculate residual risk.
- ✓
Inherent risk level
Why this is correct
Residual risk starts from inherent risk.
- ✓
Control operating effectiveness
Why this is correct
Operating effectiveness measures how well controls work in practice.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This CRISC practice question is part of Courseiva's free ISACA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the CRISC exam.