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Basic Question 1 of 6

Risk tolerance should be determined at the ______ level.

A. management
B. board
C. day-to-day operation

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

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