The ISA 27014:2013 Standard Promotes Five Risk Management Processes,which Should

question 34

True/False

The ISA 27014:2013 standard promotes five risk management processes,which should be adopted by the organization's executive​management and its governing board.

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Definitions:

Implicit

Implicit refers to something implied or understood though not directly expressed or stated. It is often contrasted with explicit, which is clear and direct.

Programmed Decisions

Decisions that are routine and repetitive, for which algorithms or established procedures can be developed to handle them.

Organizational

Pertaining to the structured arrangement and management of an organization, including its processes, systems, and practices.

Passive

Characterizes a lack of action or inactivity, often referring to behaviors or attitudes where individuals do not actively engage or assert themselves in situations.