hardMultiple ChoiceObjective-mapped
CRISC Practice Question: During a quarterly risk review, it is discovered…
During a quarterly risk review, it is discovered that a previously accepted risk has materialized due to a change in the external environment. What is the MOST appropriate response?
⚠ Common exam trap
Candidates often confuse 'accept the impact' (Option C) with the original acceptance decision, failing to recognize that a materialized risk due to environmental change invalidates the prior acceptance and requires a new treatment evaluation.
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
✓
Re-evaluate the risk treatment plan.
When a previously accepted risk materializes due to a change in the external environment, the risk treatment plan is no longer valid. The most appropriate response is to re-evaluate the risk treatment plan (Option D) because the original acceptance decision was based on assumptions that have now changed. This ensures that new controls or alternative treatments are considered to address the realized risk effectively.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Report to regulators.
Why it's wrong here
Reporting may be required but is not the first response to manage the risk.
- ✗
Increase insurance coverage.
Why it's wrong here
Insurance is one option but not necessarily the most appropriate without analysis.
- ✗
Accept the impact.
Why it's wrong here
Accepting without action may lead to further losses.
- ✓
Re-evaluate the risk treatment plan.
Why this is correct
A materialized risk indicates the original plan is no longer adequate, requiring reassessment.
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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.