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Which of the following statements regarding the responsibilities of the chief risk officer (CRO) is least accurate?
A
The CRO should provide the vision for the organization's risk management.
B
In addition to providing overall leadership for risk, the CRO should communicate the organization's risk profile to stakeholders.
C
Although the CRO is responsible for top-level risk management, he is not responsible for the analytical or systems capabilities for risk management.
D
The CRO may have a solid line reporting to the CEO or a dotted line reporting to the CEO
