Which of the Following Was a Consequence of the Financial

Multiple Choice

Which of the following was a consequence of the financial revolution which drastically changed risk management in the 1970s?

A) Managements created separate categories for handling different types of risks.
B) A group of specialists were created who handled risk assessment for the entire organization and reported only to headquarters.
C) Risk analysis was decentralized by concentrating on risks at the division-level.
D) It became easier to assess market risk with the introduction of various new tools of financial management.