IIA Exam IIA-CRMA Topic 4 Question 93 Discussion

Actual exam question for IIA's IIA-CRMA exam

Question #: 93
Topic #: 4

According to the COSO enterprise risk management (ERM) framework, which of the following is not part of the new paradigm in ERM?

AAssessing the risk factors.

BAligning risk appetite and strategy.

CEnhancing risk response decisions.

DReducing operational surprises and losses.

Show Suggested Answer

Suggested Answer: B

by Pilar at Nov 19, 2024, 08:43 AM

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Carin

2 months ago

Wait, is the new ERM paradigm like the old one, but with more glitter and confetti? Asking for a friend who's hoping to win the 'most creative risk response' award.

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Glendora

6 days ago

C) Enhancing risk response decisions.

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Marta

7 days ago

B) Aligning risk appetite and strategy.

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Julieta

1 months ago

A) Assessing the risk factors.

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Edelmira

2 months ago

Oh man, these ERM questions can be a real brain-teaser. I'm gonna go with B. Aligning risk appetite and strategy - that seems like it would be a key part of the new ERM approach.

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Charlesetta

2 months ago

If I had to guess, I'd say A. Assessing the risk factors is the odd one out here. ERM is all about managing risks, not just identifying them.

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Lorean

14 days ago

Hmm, interesting perspectives. I'm leaning towards B. Aligning risk appetite and strategy as the answer.

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Niesha

1 months ago

I see your point, but I still think it's A. Assessing the risk factors doesn't quite fit with the other components.

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Bong

1 months ago

I disagree, I believe it's C. Enhancing risk response decisions seems to be the odd one out.

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Reed

1 months ago

I think it's actually D. Reducing operational surprises and losses is not part of the new paradigm in ERM.

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Yvette

2 months ago

I agree with Malcom, D makes more sense because it focuses on minimizing unexpected events.

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Justa

2 months ago

Hmm, I think D. Reducing operational surprises and losses is the one that's not part of the new ERM paradigm. Gotta be careful with these tricky questions!

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