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Acams Exam Advanced-CAMS-Audit Topic 3 Question 8 Discussion

Actual exam question for Acams's Advanced-CAMS-Audit exam
Question #: 8
Topic #: 3
[All Advanced-CAMS-Audit Questions]

Which statements demonstrate an effective use of risk appetite in an organization? (Select Two.)

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Suggested Answer: B, E

Contribute your Thoughts:

Sabine
8 days ago
I disagree with both of you. I believe option B is crucial for a balanced approach to risk management.
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Lourdes
8 days ago
This exam question is a real gamble. I'm just hoping my answers don't leave me in the red zone!
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Alyce
9 days ago
I agree with you, Novella. Option E also seems important for understanding risk appetite.
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Salena
11 days ago
I'm going with B and E. Discussing becoming too risk-averse is important, and analyzing the statements is key to defining risk appetite.
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Novella
12 days ago
I think option A is a good choice because stability is important in risk management.
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Lili
14 days ago
D is a trick question. Risk appetite and risk tolerance have distinct meanings, you can't use them interchangeably.
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Clare
2 days ago
A) Risk appetite statements should remain stable and consistent, even in changing business conditions.
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Marla
19 days ago
C is definitely wrong. Risk appetite statements need clear indicators to monitor risk levels. Gotta have those guard rails!
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Fidelia
21 days ago
I think B and E are the correct answers. Risk appetite should be reviewed regularly and adjusted as needed, not kept static.
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