- A
Document the risk and obtain formal sign-off from the risk owner.
Correct. Acceptance requires documentation and sign-off.
- B
Eliminate the business process that creates the risk.
Why wrong: That is risk avoidance, not acceptance.
- C
Transfer the risk to a third party via insurance.
Why wrong: That would be risk transfer, not acceptance.
- D
Implement additional controls to reduce the risk to zero.
Why wrong: Acceptance means no additional controls are needed.
Question 155 of 1,000
CRISC IT Risk Assessment Practice Question
This CRISC practice question tests your understanding of it risk assessment. Compare every option against the stated constraints before choosing — the best answer satisfies all requirements, not just the most obvious one. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
During an IT risk assessment, the risk owner decides to accept a risk that falls within the organization's risk appetite. Which of the following actions is most appropriate for the risk owner to take?
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
✓
Document the risk and obtain formal sign-off from the risk owner.
When a risk falls within the organization's risk appetite, the most appropriate action is to formally accept it. The risk owner must document the risk and obtain formal sign-off to ensure accountability and auditability, as required by the risk management framework. This aligns with the principle that risks within appetite do not require additional treatment beyond formal acceptance.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Document the risk and obtain formal sign-off from the risk owner.
Why this is correct
Correct. Acceptance requires documentation and sign-off.
Related concept
Read the scenario before looking for a memorised answer.
- ✗
Eliminate the business process that creates the risk.
Why it's wrong here
That is risk avoidance, not acceptance.
- ✗
Transfer the risk to a third party via insurance.
Why it's wrong here
That would be risk transfer, not acceptance.
- ✗
Implement additional controls to reduce the risk to zero.
Why it's wrong here
Acceptance means no additional controls are needed.
Common exam traps
Common exam trap: answer the scenario, not the keyword
The trap here is that candidates often confuse risk acceptance with risk treatment, assuming that any risk must be mitigated or transferred, but the CRISC exam emphasizes that risks within appetite can be formally accepted without further action.
Detailed technical explanation
How to think about this question
In practice, risk acceptance is documented in a risk register with a formal sign-off from the risk owner, often including a statement of residual risk and a review date. This process ensures that the risk is tracked and re-evaluated periodically, as business conditions or threat landscapes change. For example, accepting a low-severity vulnerability in a non-critical system might be documented with a waiver signed by the risk owner, acknowledging the risk and its alignment with the risk appetite.
KKey Concepts to Remember
- Read the scenario before looking for a memorised answer.
- Find the constraint that changes the correct option.
- Eliminate answers that are true in general but not in this case.
TExam Day Tips
- Watch for words such as best, first, most likely and least administrative effort.
- Review why wrong options are wrong, not only why the correct option is correct.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
How this comes up in practice
A practitioner preparing for the CRISC exam encounters this exact type of scenario on the job. The correct answer here is not the most general option — it is the best answer for the specific constraint described. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Real exam questions reward reading the full scenario before eliminating options, because the constraint defines which answer fits.
What to study next
Got this wrong? Here's your next step.
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
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FAQ
Questions learners often ask
What does this CRISC question test?
IT Risk Assessment — This question tests IT Risk Assessment — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: Document the risk and obtain formal sign-off from the risk owner. — When a risk falls within the organization's risk appetite, the most appropriate action is to formally accept it. The risk owner must document the risk and obtain formal sign-off to ensure accountability and auditability, as required by the risk management framework. This aligns with the principle that risks within appetite do not require additional treatment beyond formal acceptance.
What should I do if I get this CRISC question wrong?
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
What is the key concept behind this question?
Read the scenario before looking for a memorised answer.
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Last reviewed: Jul 4, 2026
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.
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