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