Question 60. 60. \"Independent risk management\" means which of the following? (

Question

Question 60.60. "Independent risk management" means which of the following? (Points : 1)        that risk management of a firm is independent of its overall corporate policy decisions
       that the risk management function is provided by an outside consulting firm
       that the risk manager cannot be influenced by the traders
       that the risk manager is independent of the firm's senior managers
       none of the above Question 61.61. End users are all of the following types of organizations except? (Points : 1)        investment funds
       non-financial corporations
       governments
       financial institutions
       none of the above Question 60.60. "Independent risk management" means which of the following? (Points : 1)        that risk management of a firm is independent of its overall corporate policy decisions
       that the risk management function is provided by an outside consulting firm
       that the risk manager cannot be influenced by the traders
       that the risk manager is independent of the firm's senior managers
       none of the above

Explanation / Answer

60. that the risk manager is independent of the firm's senior managers

Independent Risk management means apppointment of a professional who is independent of Other senior managers.

61. non-financial corporations

All of the above mentioned are End Users except Non Financial Corporations.

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