QUESTION 6 Which of the following is NOT an element of a Risk Appetite Framework? Policies and Procedures Roles and Responsibilities Reporting Governance Committee Structure Risk Appetite Statement QUESTION 7 Which of the following apply to a transaction termsheet? Choose all that apply. Final binding agreement shows basic terms and conditions of transaction "template and basis for more detailed, legally binding documents" Reduces likelihood of a misunderstanding Ensures legal charges involved in binding agreement or contract not incurred prematurely