After interviewing a client in order to prepare a written investment policy statement (IPS), you have established the following:

The client is best described as having a:
A. Low ability to take risk, but a high willingness to take risk.
B. High ability to take risk, but a low willingness to take risk.
C. High ability to take risk and a high willingness to take risk.

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The client has earnings that have exceeded 120,000 (pre-tax) each year for the past five years. She has no dependents. The client's subsistence needs are approximately 45,000 per year. The client states that she feels uncomfortable with her lack of understanding of securities markets. All of the client's current savings are invested in short-term securities guaranteed by an agency of her national government. The client's responses to a standard risk assessment questionnaire suggest she has low risk tolerance.