- CFA Exams
- CFA Level I Exam
- Study Session 19. Portfolio Management (2)
- Reading 55. An Introduction to Risk Management
- Subject 2. Risk Governance
CFA Practice Question
Risk tolerance should be determined at the ______ level.
B. board
C. day-to-day operation
A. management
B. board
C. day-to-day operation
Correct Answer: B
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