CFA Practice Question

There are 221 practice questions for this study session.

CFA Practice Question

Below-average ability to bear risk and below-average willingness to take risks implies ______ risk tolerance.

A. above average
B. average
C. below average
Correct Answer: C

A client's overall risk tolerance is a function of the client's ability to take on risk and his or her attitude to risk.

User Contributed Comments 2

User Comment
johntan1979 The lower of ability and willingness, if they are different.
jonan203 lol, the ability of most american households will exlude them from a majority of risky assets, including equities.

sure they may be willing, but boy are they ignorant.
You need to log in first to add your comment.