[shanek327]

I’m confused. I see so often that it’s heavily tested.

Outside of knowing the mnemonics like ISEAR AIM, CRIME, etc. what do I need to know/understand?

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2 Corinthians 5:21

Our value does not come from our skills and abilities, as good as they may be; it does not come from our GPA, our job, a promotion from that job to a better job, our success on the CPA exam, or anything of the like; but our value comes from the fact that we have a Creator who loves us, cares for us, and desires to help us navigate the rough waters of this life in a way that provides security, hope, and true, everlasting joy while we anticipate the life to come, with Him.

[Anonymous]

You need to know all of the subcomponents of each main component of those acronyms. You may get a simple question like “which of the following is a component of the internal control framework?” If you know the CRIME mnemonic, you can just pick out the one element that fits that mnemonic. But you might get a question that says “<insert random example here> best represents which component of the enterprise risk management framework?”, and you get 4 choices that are all components of the ERM framework. In that case, it's not enough to know the mnemonic. You have to know the distinguishing characteristics of each component.

[Author]

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