Which of the following is a typical characteristic of an organization's risk management framework*?

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dion alken · Accepted Answer

Risk is assessed on both an inherent and a residual basis

dion alken · Answer

Risk tolerance may or may not align with risk appetite depending on whether the assessment is quantitative or qualitative

dion alken · Answer

The framework addresses four organizational objective categories strategic, historical, operational, and investment

dion alken · Answer

External risks and internal opportunities are omitted from the risk assessment scope

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