Exam DISC-RM Practice Question 20
Study guide: Exam DISC-RM
Which description best fits the traditional risk management function, before the move to enterprise risk management?
- A) A chief risk officer on the executive team oversees all of the firm's risks as one portfolio
- B) Each department manages its own financial and strategic risks, and no one buys insurance
- C) The board manages the firm's risks directly by setting its risk appetite and capital targets
- D) A risk manager, often reporting to the treasurer, buys insurance and runs loss control
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