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Basic Question 1 of 6
Risk management includes ______.
II. understanding and quantifying risk exposure
III. minimizing risk exposure
I. defining the level of risk to be taken
II. understanding and quantifying risk exposure
III. minimizing risk exposure
User Contributed Comments 1
| User | Comment |
|---|---|
| UcheSam | Adjusting risk to the risk level an institute can bear is just another nomenclature to minimizing risk exposure. Although, I got the answer since that is what is needed. |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
define risk management
describe features of a risk management framework
CFA® 2025 Level I Curriculum, Volume 6, Module 6.