Exam (elaborations)
CAIB 1 CHAPTER 1 QUESTIONS AND ANSWERS RATED A+
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Identify 4 possible options to deal with Risk , describe each Control the Risk ( loss control measures) Avoid the Risk ( rent Rather than buy ) Retain the risk ( self insurance or share risk through deductibles) Transfer the Risk ( purchase insurance ) Out of the 4 means of managing risk, whic...
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