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During a meeting with a risk consultant to improve the risk culture framework for a leading financial institution, which example should the consultant give to effectively demonstrate the elements of a strong risk culture?
A
A compensation plan that is developed based on the business structure of a startup company in the industry
B
A weekly firm-wide meeting in which managers of each business unit report their workprogress
C
A company culture that encourages resolutions of risk control violations to be made exclusively within business units
D
A flexible risk management style that more easily accommodates activities that are likely to result in a profit
