All of the Following Statements About the Administration of a Risk

Multiple Choice

All of the following statements about the administration of a risk management program are true EXCEPT

A) The risk manager is an important part of a firm's management team.
B) A risk management policy statement can be used to educate top executives about the risk management process.
C) If a risk management program is properly designed,periodic review of the program is unnecessary.
D) In order to properly identify loss exposures,the risk manager needs the cooperation of other departments.