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Basic Question 3 of 6

What is one of the responsibilities of the board in the risk management framework?

A. Planning value-maximizing strategies
B. Allocating capital to risky activities
C. Risk budgeting

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Lina

Lina

Learning Outcome Statements

define risk management

describe features of a risk management framework

CFA® 2025 Level I Curriculum, Volume 6, Module 6.