Once a control strategy has been selected and implemented,controls should be ____ on an ongoing basis to determine their effectiveness and to estimate the remaining risk.
A) budgeted
B) updated
C) monitored and measured
D) evaluated and funded

Question

Quizplus · Accepted Answer

Controls should be monitored and measured on an ongoing basis to determine their effectiveness and to estimate the remaining risk. This helps organizations to identify any weaknesses in their control strategy and make necessary adjustments to reduce risk. Budgeting, updating, evaluating, and funding are all important aspects of control strategy but are not directly related to ongoing monitoring and measurement of existing controls.

Once a Control Strategy Has Been Selected and Implemented,controls Should