Certification In Risk Management Assurance (CRMA)

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When a CAE is assessing whether the organization's risk appetite is effectively communicated, which evidence would be MOST persuasive?

A risk appetite statement approved by the board three years ago. Business unit managers can articulate how their decisions align with the appetite statement. The CFO confirmed the appetite was reviewed at the last audit committee meeting. The risk appetite statement is posted on the company intranet.

Correct Answer:

Business unit managers can articulate how their decisions align with the appetite statement.

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