IBM
M2020-624 · Question #53
M2020-624 Question #53: Real Exam Question with Answer & Explanation
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Question
According to the CRO Forum with regard to Operational Risk and Solvency II, "At the heart of operational risk management is a clear understanding of the operational risk events that may occur and the strength of the company's processes and mitigation activities to prevent or respond to such events. From the list below, what should an operational risk management system encompass?
Options
- ARisk policy, Risk appetite, Risk tolerance, Risk identification, Risk assessment, Risk monitoring
- BRisk policy, Risk appetite, Risk scaling and Risk mitigation
- CRisk policy, Risk scripting, Risk tolerance, Risk identification, Risk Assessment, Risk monitoring
- DRisk policy, Risk predictions, Risk tolerance, Risk identification, Risk Assessment, Risk monitoring
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