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Exam CRISC topic 1 question 1757 discussion

Actual exam question from Isaca's CRISC
Question #: 1757
Topic #: 1
[All CRISC Questions]

What is the MOST important consideration when selecting key performance indicators (KPIs) for control monitoring?

  • A. Source information is acquired at stable cost.
  • B. Source information is tailored by removing outliers.
  • C. Source information is readily quantifiable.
  • D. Source information is consistently available.
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Suggested Answer: D 🗳️

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efe6fee
19 hours, 24 minutes ago
Selected Answer: C
I believe C KPIs should be SMART • Specific-based on a clearly understood goal; clear and concise • Measurable-able to be measured; quantifiable (objective), not subjective • Attainable-realistic; based on important goals and values • Relevant-directly related to a specific activity or goal • Timely-grounded in a specific time frame Additionally, KPis should be: • Valuable to the business • Tied to a business function or service • Under the control of management • Quantitatively measured • Usable in different reporting periods (for consistency)
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