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Basic Question 5 of 6

Which statement about risk management is true?

A. Risk management is not only about avoiding risk.
B. Risk management is about minimizing risk.
C. Good risk management prevents losses.

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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

Andrea Schildbach

Learning Outcome Statements

define risk management

describe features of a risk management framework

CFA® 2024 Level I Curriculum, Volume 6, Module 6.