Financial CCSA Exam
Certification in Control Self-Assessment (CCSA) (Page 9 )

Updated On: 7-Feb-2026
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Which of the following is correct?

  1. In control-based format, the facilitator identifies the key risks and their mitigation controls before the beginning of the workshop.
  2. In process-based format, the facilitator identifies the key risks and their mitigation controls before the beginning of the workshop.
  3. In control-based format, the facilitator identifies the key risks and their mitigation controls after the beginning of the workshop.
  4. In risk-based format, the facilitator identifies the key risks and their mitigation controls after the beginning of the workshop.

Answer(s): A



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The aim of the workshop is to evaluate, update, validate, improve and streamline the whole process and its component activities in:

  1. Procedure-based format
  2. Process-based format
  3. Activity-based format
  4. Process-based format

Answer(s): D



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____________ are preferred if the culture in the organization may hinder open, candid discussions in workshop settings or of management desires to minimize the time spent and cost incurred in gathering the information.

  1. Interviews
  2. Surveys
  3. Dialogues
  4. Conferences

Answer(s): B



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What is commonly used to produce a quick answer to a specific question or concern about a particular process, activity or procedure?

  1. Rapid flow analysis
  2. Immediate respondents
  3. Management-produces analysis
  4. Supervision board

Answer(s): C



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An efficient and economical method of storing data so it can be accessed quickly for management decisions using access tools like searches and records is known as:

  1. Database
  2. Data dictionary
  3. Data repository
  4. Catalog

Answer(s): A



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