Certification In Risk Management Assurance (CRMA)

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Which metric is MOST useful when quantitatively assessing whether an organization's actual risk-taking aligns with its stated risk appetite?

Number of risk policies approved by the board. Key Risk Indicators (KRIs) tracked against defined thresholds. The total number of risks identified in the risk register. Number of internal audit findings closed on time.

Correct Answer:

Key Risk Indicators (KRIs) tracked against defined thresholds.

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