CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

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.
Correct Answer: A

Risk is an integral part of business. Management chooses which risks to take, manages them, and keeps them aligned with the goals of the organization.

Risk management is about taking risks actively and in the best, most value-added way possible.

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