
Answer-first summary for fast verification
Answer: Professional integrity and ethical conduct.
## Explanation **Professional integrity and ethical conduct** is the correct answer because this principle specifically addresses the requirement for members to: - Be diligent about not overstating the accuracy or certainty of results or conclusions - Clearly disclose the limits of their expertise and knowledge in areas of risk assessment This aligns with ethical standards in risk management where professionals must maintain honesty about their capabilities and the reliability of their analyses. Overstating certainty or failing to disclose limitations could lead to poor risk decisions and undermine the credibility of the risk management profession. **Why not the other options:** - **Fundamental responsibilities** typically cover broader obligations like upholding professional standards and complying with laws - **General accepted principles** is not a standard category in GARP's Code of Conduct The emphasis on accurate representation of capabilities and limitations falls squarely under professional integrity and ethical conduct requirements.
Author: Tanishq Prabhu
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Which of the following GARP's Code of conduct requires a member to be diligent about not overstating the accuracy or certainty of results or conclusions and clearly disclosing the limits of their expertise and knowledge in areas of risk assessment?
A
Professional integrity and ethical conduct.
B
Fundamental responsibilities.
C
General accepted principles.
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