each answer has different assigned mark (ie if 4 correct answers = 1.25 marks each)

Which of the following statements are not true about the role of a chief risk officer (CRO)? - S/he ensures a positive risk culture. -S/he develops a functional risk management framework. S/he proposes improvements in govemance. - S/he facilitates risk discussions within the organization. - S/he sets the organization's risk appetite. Quiz Score: 22.92 out of 5 - Mininize the costs of strategie decisions Question 8 2.5/5pts An executive-level risk committee would have which of the following characteristics? - Assist in setting risk appetite rind tolerance - Approve risk management strategy - Provide information about key risks - Oversee critical risk exposures - Ensure efficient processes are execured effectively - Economic innovation should be rewarded. Question 6 1.67/5 pts Common committees pertaining to corporate governance include: Audit committee Compensation committee Nomination committee Ethics committee Evaluation committee The shares of restricted stock are subject to minimum holding periods and limitations on how they may be sold. Compensation in the form of restricted stock is an example of: Bonding costs Agency costs Principal cosis Monitoring costs ncentive alignment costs All of the following are arguments against value maximization except: - Environmental concerns should be a factor in corporate decision-making. - Society in general should betaken imto consideration. - Perceived 'faimess' should be a factor in corporate decision-making. - Economic innovation should be rewarded. Question 6 1.67/5pts Common committees pertaining to corporate governance include: Which of these statements are true? - Management reputation encourages alignment of shareholder interests and comorate decisions. - Incentive compensation should link managers' compensation to economic performance of the corporation. - Market forces rarely impact the decisions of directors and officers. - Pirectors and officers can never be held personally responsible to shareholders for their decisions. Which of the following are benefits of separation of ownership and control in for-profit corporations? Shareholders can more easily diversify their investments. Executives can focus on maximizing the value of goods and services. - Decision-making authority rests with professional managers. - Sharetiolders expect to receive a higher rate of retum than they would otherwise. - Shareholders' liability is limited to their amount of investment