【FRM每日一题】二级：操作风险测量与管理(一）
备考FRM二级 | 2015-08-06
The members of the board of directors should have which of the following responsibilities related to risk management:
I.The board must approve the firm's risk management policies and procedures.
II.The board must be able to evaluate the performance of risk management activities.
III.The board must maintain oversight of risk management activities.
A.I and II only
B.II and III only
C.I and III only
D.I, II, and III
Answer: D
The boards of directors for banks have responsibility for: (1) approval of risk management policies and procedures, (2) ensuring that operating managers have the requited technical capabilities, (3) evaluating performance of risk management activities, and (4) maintaining oversight of risk management activities.
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