True or false. One should focus on measuring risk to the business as opposed to implementation of policies and control when tying policy adherence to performance measurement.
Question
True or false. One should focus on measuring risk to the business as opposed to implementation of policies and control when tying policy adherence to performance measurement.
Solution
True. It is more important to focus on measuring risk to the business rather than just the implementation of policies and controls. While policy adherence is important, it should not be the sole focus of performance measurement. The ultimate goal is to mitigate risk to the business, and performance measurement should reflect that. Policies and controls are tools to help manage risk, but they are not the end goal. Therefore, performance measurement should be tied more to how well risks are being managed and less to how well policies and controls are being implemented.
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