Question: Why do risk manager use categories are define and organize the risk management functions and risk management activities of a corporation? Select the best answer

Why do risk manager use categories are define and organize the risk management functions and risk management activities of a corporation? Select the best answer from among the following options:
A. Industry standards apply to all businesses.
B. Regulators require certain categories and compliance is mandatory.
C. Each category demands a different (but related) set of risk management skills.
D. Over time, managers have determined certain categories to be most effective.

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