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Basic Question 3 of 6
The risk management committee can ______
B. establish a firm's risk tolerance.
C. discuss key risk management issues.
A. approve the governing body's policies.
B. establish a firm's risk tolerance.
C. discuss key risk management issues.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.