Crma-Certified Risk Management Assurance 2024-2025 New Version Update Actual Exam Questions And Correct Detailed Answers

>>1. Audit committee must Safeguards for internal audit activity - answerformally approve CAE to undertake CRO role 2. Audit should never be required to take on ERM responsibility 3. Any internal audit role other than assurance is considered consulting What is the common problem with brainstorming sessions? - >>Groupthink answer Which risk identification technique is used during facilitation sessions? - Brainstorming, surveys and questionnaires answer>> The 3 classes of assurance providers are distinguished based on an alaysis 1. The stakeholders they serve of? - answer>>2. Their level of independence 3. Reliability placed on the assurance an icebreaker Facilitation activities should begin with? - answer>> Deter occurrence of unwanted events e.g. Preventive controls - answer>>segregation of duty, access controls. Planning An effective facilitator must be skilled in? - answer>>1facilitation sessions 2. Guiding groups to reach their own conclusions 3. Managing people and time 4. Critical thinking to process and summarize info, demonstrate connections and highlight implications Correct the negative effects of unwanted Corrective control - answer>>events cause or encourage the occurrence of a Directive controls - answer>>desirable event e.g. employee training, policies etc 1. understanding the needs Stages in the facilitation process - answer>>of the client 2. Confirming scope and objectives