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Vendor: AACE International

Exam Code: AACE-PSP Dumps

Questions and Answers: 104

Product Price: $69.00

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NEW QUESTION: 1
Which among the following acts as a trigger for risk response process?
A. Risk level equates risk appetite
B. Risk level increase above risk tolerance
C. Risk level equates the risk tolerance
D. Risk level increases above risk appetite
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The risk response process is triggered when a risk exceeds the enterprise's risk tolerance level. The acceptable variation relative to the achievement of an objective is termed as risk tolerance. In other words, risk tolerance is the acceptable deviation from the level set by the risk appetite and business objectives.
Risk tolerance is defined at the enterprise level by the board and clearly communicated to all stakeholders.
A process should be in place to review and approve any exceptions to such standards.
Incorrect Answers:
A, C: Risk appetite level is not relevant in triggering of risk response process. Risk appetite is the amount of risk a company or other entity is willing to accept in pursuit of its mission. This is the responsibility of the board to decide risk appetite of an enterprise. When considering the risk appetite levels for the enterprise, the following two major factors should be taken into account:
The enterprise's objective capacity to absorb loss, e.g., financial loss, reputation damage, etc.

The culture towards risk taking-cautious or aggressive. In other words, the amount of loss the

enterprise wants to accept in pursue of its objective fulfillment.
D: Risk response process is triggered when the risk level increases the risk tolerance level of the enterprise, and not when it just equates the risk tolerance level.

NEW QUESTION: 2
Which description of an import operation in Cisco UCS Manager is true?
A. You can import a configuration from a higher release to a lower release
B. You can perform an import while the system is up and running
C. You can schedule an import operation
D. You can import only a configuration file that was exported from the same Cisco UCS
Manager
Answer: D

NEW QUESTION: 3
Which Cisco Unified Communications Manager troubleshooting tool can be used to determine the digit manipulation path a call takes within the Cisco Unified Communications Manager system from the perspective of a specific directory number, without having the actual device at hand?
A. Cisco Unified Syslog Viewer
B. Cisco Unified Communications Manager Serviceability
C. Cisco IOS debugs
D. Cisco Unified Communications Manager Dialed Number Analyzer
E. Cisco Unified Communications Manager Real Time Monitoring Tool
Answer: D


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