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NEW QUESTION: 1


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NEW QUESTION: 2
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NEW QUESTION: 3
Which of the following are true of an effective risk management culture?
A. Responsibility for risk management should be devolved to a risk manager.
B. The directors should take an active interest in risk management.
C. All staff should be aware of risks affecting the entity.
D. Risk management should be regarded as part of the overall business strategy.
E. All risk should be eliminated.
F. Staff should be penalised for being associated with negative events.
Answer: B,C,D