A为什么对

问题如下：

A group of risk managers in a newly established asset management firm is tasked with implementing the risk management process, which includes three fundamental dimensions: risk planning, risk budgeting, and risk monitoring. The managers begin by discussing the components and guidelines of the risk plan. Which of the following statements is correct?

选项：

A.

Qualitative scenario analyses can be incorporated into a risk plan to identify factors that can cause aspects of the risk plan to fail.

B.

A risk plan can set volatility goals but cannot incorporate the effects of the organization’s key dependencies on these goals.

C.

A risk plan should include an estimate of return on equity found by using the return on risk capital for each allocation taken independently.

D.

Extreme events should not be included in an organization’s risk plan but they should be included in its strategic plan.

解释：

A is correct. Scenario analyses, whether qualitative or quantitative, can be incorporated into a risk plan to explore factors that could lead to failures in aspects of the plan.

B is incorrect. A risk plan should identify the key dependencies and incorporate the effects of their possible breakdowns on set return and volatility estimates.

C is incorrect. Yes, a risk plan should set an expected value for return on equity, which should be found by considering the correlations among each activity’s defined minimum acceptable RORC level.

D is incorrect. A company’s risk plan should include low probability, severe events as well as planned strategic responses to those events.