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Which of the following statements regarding risk management strategies is incorrect? Risk aggregation is to reduce risks by being well diversified Risk decomposition do not

Which of the following statements regarding risk management strategies is incorrect?

Risk aggregation is to reduce risks by being well diversified

Risk decomposition do not requires a detailed knowledge of the correlations between risks.

Risk aggregation do not requires a detailed knowledge of the correlations between risks.

Risk decomposition requires an in-depth understanding of individual risks.

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