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CAMS · Question #749
CAMS Question #749: Real Exam Question with Answer & Explanation
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Question
What are the most effective measures that can be taken to boost risk appetite awareness across an organization after a Risk Appetite Statement (RAS) has been set and a risk appetite framework has been drafted? (Select Three.)
Options
- AIntegrate the unalignment with risk appetite into internal reporting procedures.
- BTrain all managers to understand the importance and benefits of "good" risk-taking.
- CDescribe risk controls for business colleagues.
- DEmbed the risk appetite into everyday processes and governance.
- EProvide training to staff to understand the role risk appetite and its limits play for the safe conduct
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