Financial Risk Manager Part 2
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Ultimate access to all questions.
In the context of improving a bank's operational resilience, how might establishing an impact tolerance, as recommended by the consultant, benefit the institution?
A
It will enhance the bank's ability to identify and limit concentration risk.
B
It will accurately estimate the severity of a potential disruption to an operational process and the amount of downtime that would result.
C
It will help the bank optimize its allocation of resources to its most important business services.
D
It will prevent failures of critical operational processes and the systems that support these processes