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CAMS · Question #917

CAMS Question #917: Real Exam Question with Answer & Explanation

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Question

How should risk-related issues be addressed to ensure the effectiveness of the three lines of defense model?

Options

  • AEnsure that the second line reviews, monitors, and escalates risk-related issues as needed to
  • BHave senior management handle risk-related issues directly when possible because they are
  • CDelegate some risk-related issues to the first line to avoid overwhelming the second line and to
  • DAssign risk-related oversight duties to the third line to provide an independent review and address

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