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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
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.