Which of the Following Best Describes a Company That Practices

question 31

Multiple Choice

Which of the following best describes a company that practices enterprise risk management?

• A)interest rate risk and currency risk would be managed in unison
• B)a single department to manage risk
• C)it would manage insurance-related risks along with financial risk
• D)credit risk would be managed the same way as market risk
• E)operational risk would be managed

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Definitions:

Assert Their Rights

To take actions or steps to claim or enforce one’s legal entitlements or privileges, often in the face of opposition or indifference.

Senior Managers

High-level executives responsible for overseeing the operations of a company or organization and setting strategic direction.

Structure

Refers to the arrangement of and relations between the parts or elements of something complex.

Union Organizing

The process of forming or joining a labor union to represent employees in negotiations with employers.