In characterizing various dimensions of a bank’s data, the Basel Committee has suggested several principles to promote strong and effective risk data aggregation capabilities. Which statement correctly describes a recommendation that the bank should follow in accordance with the given principles?

A. The integrity principles recommends that data aggregation should be completely automated without any manual intervention.

B. The completeness principles recommends that a financial institution should capture data on its entire universe of risk exposures.

C. The adaptability principle recommends that a bank should frequently update its risk reporting systems to incorporate changes in best practices.

D. The accuracy principle recommends that the risk data be reconciled with management’s estimates of risk exposure prior to aggregation.