NO.PZ2018070201000027
问题如下：
Which of the following is not the process of risk budgeting?
选项：
A. Identifying the return target.
B. Allocating risk factors in the portfolio.
C. Measuring tolerable risk by quantitative metrics.
解释：
A is correct.
Risk budgeting focuses on measuring and allocating the risk factors, and it is not related to return target.
前面有道例题说只有预算确定了，才能知道在这个预算下最大可实现的收益，所以为什么不能选return的选项