- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 6. Introduction to Risk Management
- Subject 1. The Risk Management Process
CFA Practice Question
What is the sequence of risk management activities?
II. Strategic analysis
III. Communications
IV. Monitor risks
V. Establish risk management infrastructure
VI. Identify risks
I. Measure risks
II. Strategic analysis
III. Communications
IV. Monitor risks
V. Establish risk management infrastructure
VI. Identify risks
Correct Answer: V, VI, I, IV, III and II
Business and investing are about allocating resources and capital to chosen risks. Key factors include identification and measurement of risk and keeping risks aligned with the goals of the management.
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