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The Role of Chief Risk Officer (CRO) Expanded the Traditional

Question 30

Multiple Choice

The role of chief risk officer (CRO) expanded the traditional risk manager's role by:


A) developing an entirely independent department specialized in risk management.
B) hiring professionals who are specialized in mitigating specific types of risks.
C) performing only the risk management functions in an organization.
D) integrating the firm's silos, or separate risks, into a holistic framework.
E) treating all the risks individually and finding a solution to mitigate each risk independently.

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