t is important enough to set up a department to handle it or is the CFO and finance organization capable of assessing and minimizing risks themselves?...

Do you think that Risk Management is important enough to set up a department to handle it or is the CFO and finance organization capable of assessing and minimizing risks themselves? Explain150-250 words single space

Risk management is an extremely important aspect of handling a financial department efficiently.Only the financial executives and heads cannot manage risk efficiently or effectively as theycannot...