A
Acadi
Fi
Courses
Knowledge Hub
Community
Practice
Pricing
About
Search
⌘K
Question Bank
/
FRM
/
Part I
/
Foundations of Risk Management
Foundations of Risk Management
Easy
The compliance department at Meriden Bank tracks the percentage of staff who have not completed mandatory anti-money laundering training within the required 30-day window. This metric is best classified as:
A
A Key Risk Indicator (KRI) because it provides an early warning of increasing compliance risk
B
A Key Performance Indicator (KPI) because it measures training completion efficiency
C
A loss event because non-completion represents a realized compliance failure
D
A risk appetite metric because it reflects the firm's willingness to accept compliance gaps
Select an answer to continue
Tags
#key-risk-indicators
#kri
#compliance-risk
#leading-indicator
More Foundations of Risk Management questions
Start full Part I quiz