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Basic Question 3 of 6
What is one of the responsibilities of the board in the risk management framework?
B. Allocating capital to risky activities
C. Risk budgeting
A. Planning value-maximizing strategies
B. Allocating capital to risky activities
C. Risk budgeting
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Edward Liu
Learning Outcome Statements
define risk management
describe features of a risk management framework
CFA® 2025 Level I Curriculum, Volume 6, Module 6.