The Risk Management Infrastructure of an organization must:
I. To the extent possible, avoid silos of control and oversight
II. Have budgets set by the business unit leaders
III. Actively provide ongoing professional development for risk management staff and require them to be committed to standards of best practice, conduct and ethics in their work
IV. Provide general risk management and related corporate governance training for employees of the organization as a Whole
A . I only
B . I, III and IV only
C . I and III only
D . All of these are expected of the Risk Management Infrastructure
Answer: B