Exam (elaborations)
CPCU 500 Final Practice Test Questions & Answers 100% Correct(scored A)
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Risk involves The possibility of a negative outcome. Possibility means - ANSWERThat an outcome may or may not occur. Probabilities are stated as decimal figure, a percentage, or a - ANSWERFraction To understand risk, one needs to know the probability of an outcome or event occurring. Which one of...
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