This CRISC practice question tests your understanding of risk response and mitigation. The scenario asks you to isolate a root cause — eliminate options that address a different problem before choosing. 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.
Which THREE of the following are key considerations when selecting a risk response option?
Cost-benefit analysis of controls
Cost-effectiveness is crucial.
Impact of the risk without controls
Why wrong: Impact alone is not sufficient without likelihood.
Risk appetite of the organization
Risk appetite defines acceptable risk levels.
Current control effectiveness
Why wrong: Current controls are considered during assessment, not selection.
Legal and regulatory requirements
Compliance is mandatory.
Answer choices
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
Cost-benefit analysis of controls
Options A, C, and D are correct. Risk appetite determines acceptable level. Cost of control vs benefit is essential. Regulatory requirements cannot be ignored. Option B is wrong because current controls are not a selection criterion but part of assessment. Option E is wrong because impact without likelihood gives incomplete view.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
For each option: why learners choose it and why it is or isn't the right answer here.
Cost-benefit analysis of controls
Why this is correct
Cost-effectiveness is crucial.
Related concept
Read the scenario before looking for a memorised answer.
Impact of the risk without controls
Why it's wrong here
Impact alone is not sufficient without likelihood.
Risk appetite of the organization
Why this is correct
Risk appetite defines acceptable risk levels.
Related concept
Read the scenario before looking for a memorised answer.
Current control effectiveness
Why it's wrong here
Current controls are considered during assessment, not selection.
Legal and regulatory requirements
Why this is correct
Compliance is mandatory.
Related concept
Read the scenario before looking for a memorised answer.
Common exam traps
Many certification questions include familiar terms but test a specific constraint. Read the exact wording before choosing an answer that is generally true but wrong for this case.
Detailed technical explanation
This question should be treated as a scenario, not a definition check. Identify the problem, the constraint and the best action. Then compare each option against those facts.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
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
Identify which CRISC exam domain this question belongs to, then review the specific concept being tested. Practise related questions in that domain and focus on understanding why each wrong answer is tempting — not just why the correct answer is right.
Risk Response and Mitigation — study guide chapter
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FAQ
Risk Response and Mitigation — This question tests Risk Response and Mitigation — Read the scenario before looking for a memorised answer..
The correct answer is: Cost-benefit analysis of controls — Options A, C, and D are correct. Risk appetite determines acceptable level. Cost of control vs benefit is essential. Regulatory requirements cannot be ignored. Option B is wrong because current controls are not a selection criterion but part of assessment. Option E is wrong because impact without likelihood gives incomplete view.
Identify which CRISC exam domain this question belongs to, then review the specific concept being tested. Practise related questions in that domain and focus on understanding why each wrong answer is tempting — not just why the correct answer is right.
Read the scenario before looking for a memorised answer.
About these practice questions
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Last reviewed: Jun 24, 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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