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An investment management firm is in the process of strengthening its internal control environment and is forming an independent risk management unit (RMU). A group of managers at the firm is asked to prepare a summary document describing the responsibilities of the new unit. While documenting the duties of the RMU, which of the following actions would be appropriate for the managers to include?
A
Identify appropriate software and research reports to help make trading decisions.
B
Generate VaR levels that are consistent with the targets set in the risk plan.
C
Oversee model analysts while they establish asset valuation models.
D
Assess the quality of models used to measure risk.