IT Examiner School - Oct 2023

Internal Use Only

Question 1 Which of the following is management’s responsibility?

A. Strategic Planning B. Setting risk tolerances C. Budgeting appropriate resources D. Controlling risk activities

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Internal Use Only

Question 1 Which of the following is management’s responsibility?

A. Strategic Planning B. Setting risk tolerances C. Budgeting appropriate resources D. Controlling risk activities

Controlling risk activities are the only management function in this list. While management has input into the budget through estimates of expenses and requests for funds, ultimate responsibility for setting the budget and allocating resources falls to the Board.

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