这题有点没看懂 请问是哪个知识点 能详细解释一下吗

问题如下：

Arzac develops a “Know Your Client” process, including the design of several tools she can use to get to know her client’s investment objectives and risk profile. One of these tools is a risk tolerance questionnaire. Arzac’s questionnaire contains inquiries relating to mean–variance optimization and the maximum loss the client would be willing to tolerate each year. She includes a few other questions about the client’s confidence in his own abilities as an investor.

The “Know Your Client” tools Arzac develops for new clients will most likely cause an unfavorable investor–adviser relationship for which investor type?

选项：

Active Growth

Active aggressive

Passive moderate

解释：

Because risk analysis is a cognitive process, the risk tolerance questionnaire may fail investors with an emotional bias—those who are likely to view risk as an emotional process rather than a cognitive process. Risk tolerance questionnaires will likely work better for investors with a cognitive bias because they are likely to think about risk more logically. Therefore, Arzac’s questionnaire will likely fail Active Aggressive investor types because of their primary emotional bias. Consequently, the relationship between

the investor and the adviser may not be favorable.

A is incorrect because an Active Growth investor type has a primary cognitive bias. Investors with a cognitive bias look at risk as a cognitive process, not an emotional process.

C is incorrect because a Passive Moderate investor type has a primary cognitive bias. Investors with a cognitive bias look at risk as a cognitive process, not an emotional process.