Which of the following statements regarding the assessment of a fund’s risk
management process is correct?
AThe periodic valuation of a fund’s securities is best performed by the fund manager
BThe existence of written policies and procedures for internal controls is useful in measuring and monitoring risk
CThe risk reports received by investors are preferably prepared by a third-party risk provider instead of by the fund itself
DThe key requirement for information technology resources used to quantify the risks is that they measure items consistently
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