When he became risk manager of Boller Company,Derrick Huang noticed that the company did not have a clear set of risk management objectives and a clearly-stated risk management philosophy.Derrick developed a written document stating the company's risk management objectives and risk management philosophy.This document is called a risk management
A)policy statement.
B)manuscript policy.
C)matrix.
D)binder.

Question

Quizplus · Accepted Answer

The written document developed by Derrick Huang stating the company's risk management objectives and risk management philosophy is called a risk management policy statement.

When He Became Risk Manager of Boller Company,Derrick Huang Noticed