In terms of the benefits of getting operational risk management right. Operational risk governance ...

1. ensures the effectiveness of external controls.
2. ensures the alignment of risk appetite with business policy and objectives.
3. embeds an operational risk management culture in the organisation.
4. measures risk exposure against the risk profile.

Choose the correct option:

• A. I, II, III and IV
• B. I and II
• C. I, II and III
• D. II and III