Who Is Responsible for Developing a Risk Management Strategy

question 61

Multiple Choice

Who is responsible for developing a risk management strategy?

• A)A risk reviewer
• B)A technical resource
• C)A project champion
• D)A risk owner

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Definitions:

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Legal Capital

The portion of a company's equity that cannot legally be distributed to its shareholders and must be maintained as a protective measure for creditors.

Secondary Market

The secondary market is where investors buy and sell securities they own from each other, rather than directly from the issuing company, including stock exchanges and over-the-counter markets.

Stock Exchange

A marketplace where stocks and other securities are bought and sold, facilitating the transfer of securities among investors.