CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

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.

A. risk tolerance
B. risk budgeting
C. risk measurement
Correct Answer: A

Risk tolerance is taking an inside view to define dimensions and levels of potential risks. It is NOT about selecting a portfolio of acceptable risk activities.

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