IRM International Certificate In Operational Risk Management Practice Questions - Institute Of Risk Management International Certificate In Operational Risk Management Exam

What is the primary function of the Third Line in an organization's risk governance framework?

To provide independent and objective assurance to the board regarding control effectiveness To design and execute daily operational controls for transactions To set quantitative trading limits for market risk exposures To negotiate insurance contracts to transfer operational risk

Correct Answer:

To provide independent and objective assurance to the board regarding control effectiveness

Access more questions from this quiz

Continue to IRM International Certificate in Operational Risk Management Practice Questions - Institute of Risk Management International Certificate in Operational Risk Management Exam for more practice questions and the full quiz experience.

Access More Questions