CIMA Risk Management P3 Question # 9 Topic 1 Discussion

CIMA Risk Management P3 Question # 9 Topic 1 Discussion

P3 Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1

Risk management involves all parties in an organisation.

Which of the following describe the Board's responsibilities for risk management?


A.

The Board is responsible for choosing the least risk products to promote.


B.

The Board is responsible for maintaining a robust system of internal controls.


C.

The Board is responsible for addressing any weaknesses in internal controls.


D.

The Board is responsible for considering whether weaknesses in internal controls need to be addressed.


E.

The Board is responsible for safeguarding the company's assets.


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