The risk manager needs to come up with answers to the following questions:
I. what are the major risks that the company is facing and what are the possible consequences?
II. is the company being paid for taking these risks?
III. should we worry about risk at all as risk is God-given?
IV. how should risks be controlled?
A) I only
B) I and II only
C) I, II and IV only
D) III only

Question

Quizplus · Accepted Answer

Questions I, II, and IV are relevant for a risk manager to address as they involve identifying risks, assessing compensation for risks, and determining control measures. Question III is not relevant as it dismisses the importance of managing risk.

The Risk Manager Needs to Come Up with Answers to the Following