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Questions and Answers
What is the primary consideration when aggregating risk according to the guidelines?
What is the primary consideration when aggregating risk according to the guidelines?
- Focusing on easily measurable risks
- Only aggregating similar types of data and numbers (correct)
- Utilizing different metrics for aggregation
- Obscuring actionable details
Why should risk information not be aggregated to the extent of obscuring actionable details?
Why should risk information not be aggregated to the extent of obscuring actionable details?
- To avoid considering enterprise-level risks
- To make the reporting process simpler
- To focus on easily measurable risks
- To ensure the root cause of risk is visible (correct)
In what way should risk be aggregated according to the guidelines?
In what way should risk be aggregated according to the guidelines?
- By focusing on easily measurable risks
- By considering enterprise-level risks only
- By multiple dimensions such as department, business unit, or types of risk (correct)
- By obscuring actionable details
What should be the focus when aggregating risk according to the guidelines?
What should be the focus when aggregating risk according to the guidelines?
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Why is it important to aggregate risk at the enterprise level according to the guidelines?
Why is it important to aggregate risk at the enterprise level according to the guidelines?
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