Financial Risk Manager Part 2
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Which of the following best describes the relationship between a Contingent Funding Plan (CFP) and Stress Tests in a financial institution's risk management framework?
Which of the following best describes the relationship between a Contingent Funding Plan (CFP) and Stress Tests in a financial institution's risk management framework?
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A
Stress tests are a part of the CFP, used exclusively to determine the amount of funding required during a crisis.
B
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