Garp scr exam set - Study guides, Class notes & Summaries
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GARP SCR EXAM SET WITH GUARANTEED ACCURATE ANSWERS
- Exam (elaborations) • 6 pages • 2024
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Governance and Culture - ACCURATE ANSWERS Exercise board risk oversite 
Establish operating procedures 
define desired culture 
Demonstrate commitment to core values 
Attracts, develops and retains capable individuals 
 
Strategy and Objective-setting - ACCURATE ANSWERS Analyze business context 
Define risk appetite 
Evaluate alternative strategies 
Formulate business objectives 
 
Performance - ACCURATE ANSWERS Identify risk 
Assess severity of risk
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Chapter 7 and 8 GARP SCR Exam Questions and Answers
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Chapter 7 and 8 GARP SCR Exam Questions and Answers 
scenario analysis 
practice of planning through describing and sketching the future using plausible narrative stories 
 
 
 
scenario analysis should be 
plausible 
distinctive 
consistent 
relevant 
challenging 
 
 
 
climate scenario analysis 
the use of climate scenarios for scenario analysis decision making 
 
 
 
reference scenarios 
customized scenarios for firm specific use because of different climate related risks faced 
 
 
 
best re...
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