40 a) Which one of the following is NOT a benefit mentioned by Lam of using the ERM approach?

Select one: a. better risk reporting b. improved governmental relations with the firm c. higher profits d. a more cost efficient organzation

40 b)Which one of the following is NOT a responsibility of the CRO according to Lam?

Select one: a.developing RM policies b. providing overall risk leadership c.communicating to key stakeholders that strategy is in place d. Eliminating all risks for the firm Clear my choice