Question: What is correct regarding operational risk appetite statements? Select one: a . They are designed only for the leadership of organisations. b . They inform

What is correct regarding operational risk appetite statements?
Select one:
a.
They are designed only for the leadership of organisations.
b.
They inform investors about the risks that occurred over a certain period.
c.
They only apply to the Public sector institutions.
d.
They state the amount of risk an organisation is prepared to tolerate at a given point in time in terms of losses in pursuit of business objectives.

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