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Basic Question 1 of 6
Risk tolerance should be determined at the ______ level.
B. board
C. day-to-day operation
A. management
B. board
C. day-to-day operation
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
define risk governance and describe elements of effective risk governance
explain how risk tolerance affects risk management
describe risk budgeting and its role in risk governance
CFA® 2025 Level I Curriculum, Volume 6, Module 6.