[ 2009 FRM Sample Exam ] Operational and Integrated risk management Q2

Correct answer is C

A is not correct because is incomplete, the Basel document state clearly that the four elements must be part of  an AMA model to be qualified by the supervisor.

B is not correct because is incomplete, the Basel document state clearly that the four elements must be part of  an AMA model to be qualified by the supervisor.

C is correct. The Basel document state clearly that the four elements must be part of  an AMA model to be qualified by the supervisor.

D is not correct because is incomplete, the Basel document state clearly that the four elements must be part of  an AMA model to be qualified by the supervisor.