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Basic Question 4 of 6
An organization is investigating what shortfalls within the organization would cause it to fail to achieve some critical goals. This step is usually done at the ______ stage.
B. risk budgeting
C. risk measurement
A. risk tolerance
B. risk budgeting
C. risk measurement
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
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.