CRISC IT Risk Identification Practice Question
Which THREE of the following are common consequences in an IT risk scenario?
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
✓
Financial loss
Financial loss, regulatory penalty, and reputational damage are typical consequences in risk scenarios.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Financial loss
Why this is correct
Direct monetary impact.
- ✗
Increased market share
Why it's wrong here
This is a positive outcome, not a consequence.
- ✗
Employee satisfaction
Why it's wrong here
Not a typical consequence of IT risk.
- ✓
Regulatory penalty
Why this is correct
Fines from non-compliance.
- ✓
Reputational damage
Why this is correct
Loss of trust and brand value.
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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.