Best Practices for Closing Noncompliance Issues

C.

The most effective way to close noncompliance issues depends on the specific situation, but in general, executing an approved mitigation plan is the BEST way to enable effective closure of noncompliance issues.

Explanation of each option:

A. Insuring against the risk: This option refers to transferring the risk to an insurance company. While insurance can be useful, it does not directly address the noncompliance issue or ensure that it is resolved.

B. Performing control self-assessments: This option involves the organization assessing its own controls to identify any noncompliance issues. While this can be a useful tool, it may not be sufficient to identify all noncompliance issues, and it does not directly address how to resolve them.

C. Capturing issues in a risk register: This option involves documenting noncompliance issues in a risk register. While this can be useful for tracking and prioritizing risks, it does not directly address how to resolve the noncompliance issue.

D. Executing an approved mitigation plan: This option involves following a plan that has been developed to address the noncompliance issue. Mitigation plans typically involve identifying the root cause of the noncompliance issue, developing a plan to address it, and implementing the plan. This approach directly addresses the noncompliance issue and ensures that it is resolved in a timely and effective manner.

Therefore, option D is the best answer for the question.