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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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
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.