Financial Risk Manager Part 2
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In the context of financial risk management, specifically concerning operational resilience, what potential advantage does a bank gain by establishing an impact tolerance?
In the context of financial risk management, specifically concerning operational resilience, what potential advantage does a bank gain by establishing an impact tolerance?
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A
It will enhance the bank's ability to identify and limit concentration risk.
14.0%
B
It will accurately estimate the severity of a potential disruption to an operational process and the amount of downtime that would result.
25.6%
C
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