Actuarial Notes

Exam DISC-RM Practice Question 56

Study guide: Exam DISC-RM

Determine which of the following statements about the environment of modern risk management are true.

  • I. Regulators, rating agencies and institutional investors increasingly expect senior management to take responsibility for risk across the whole enterprise.

  • II. Under enterprise risk management, risk is viewed only as a threat to be minimized or avoided.

  • III. An organization's total risk equals the sum of the risks of its separate units.

  • A) I only

  • B) I and II only

  • C) I and III only

  • D) II and III only

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