Which of the following is the MOST important aspect to ensure that an accurate risk register is
maintained?

A.
Publish the risk register in a knowledge management platform with workflow features that
periodically contacts and polls risk assessors to ensure accuracy of content

B.
Perform regular audits by audit personnel and maintain risk register

C.
Submit the risk register to business process owners for review and updating

D.
Monitor key risk indicators, and record the findings in the risk register

Explanation:

A knowledge management platform with workflow and polling feature will automate the process of
maintaining the risk registers. Hence this ensures that an accurate and updated risk register is
maintained.
Answer C is incorrect. Business process owners typically cannot effectively identify risk to their
business processes. They may not have the ability to be unbiased and may not have the
appropriate skills or tools for evaluating risks.
Answer B is incorrect. Audit personnel may not have the appropriate business knowledge in risk
assessment, hence cannot properly identify risk. Regular audits may also cause hindrance to the
business activities.
Answer D is incorrect. Monitoring key risk indicators, and record the findings in the risk register will
only provide insights to known and identified risk and will not account for obscure risk, i.e. , risk
that has not been identified yet.