Which of the following are true of an effective risk management culture?


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

Answer: D,E,F

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