Exerci and Dale Davis, each present their proposals: CryptoCoin Financial is in the process of building its ERM model and two of their employees, Julie Morgan 1. Julie's model: Uses a model with stochastic techniques to quantify financial risks and a separate qualitative approach to quantify strategic and operational risks. It provides a rigorous amount of detail for financial risks, seeking to provide accurate and precise results, and focuses on downside risk events. When updating risk scenarios for changes in the environment, the modeler changes various parameters, re-runs the stochastically generated risk-scenarios (which are different each iteration), performs stress-testing, this process typically takes one week to complete. 2. Dale's model: Uses a model with deterministic scenarios developed by subject matter experts and quantifies financial, strategic and operational risks in a consistent way across the organization. It often uses simplifying assumptions to achieve reasonable estimates, and focuses on risk and return metrics for decision making. When updating tisk scenarios for changes in the environment, the CRO calls the subject matter experts of thoses skolibat may have changed records any changes to the risk scenario and runs the model; this process typically takes one day to complete. Circle the following item(s) that represent true statements. A. Dale's modelis more feabile, transparent, and faster, and also provides a better balance of significa digits than Julie's, making it a better choice. B. Julie's model includes all types of risk, a comprehensive range of risk scenarios, and is more preci than Dale's, making it an optimal ERM model to choose. c Dale's model uses a traditional ERM approach, while Julie's model uses a value-based ERM approa D. Both models would be able to provide CryptoCoin Financial optimal decision-making tools, jus different ways