IT-related key risk indicators (KRIs) for a financial application are most likely reported to which group?

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The correct answer is senior management because they play a crucial role in the strategic oversight and governance of the organization. Key risk indicators (KRIs) provide insight into potential risks that could affect the organization's financial stability and operational effectiveness. Senior management is responsible for making informed decisions regarding risk management and the overall risk appetite of the organization. They need to be aware of any emerging trends or issues that KRIs may indicate, to ensure that appropriate risk mitigation strategies are in place.

While stakeholders, the IT administrator group, and the finance department may have an interest in KRIs, they typically do not possess the same level of authority or responsibility when it comes to overarching strategic decision-making as senior management. Stakeholders may include a wide range of individuals or groups with vested interests, but senior management is ultimately responsible for the company's risk profile. The IT administrator group focuses more on operational aspects and day-to-day management of IT risks, whereas the finance department may look at specific financial metrics but lacks the comprehensive view that senior management holds regarding organizational strategy and risk management.

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