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An uninsurable risk
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
Choosing to not complete a risky activity is called
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
Compensating someone else to complete a risky activity is called
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
A pure risk
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
Accepting that a loss may occur and taking responsibility for a loss if it should occur is called
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
Which of these is a controllable risk?
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
Which type of operational software records and calculates financial matters?
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
A speculative risk
offers only the possibility of loss without possibility of gain.
assuming the risk.
is one that is not common or has an unpredictable amount of loss.
transferring the risk.
offers the possibility of risk or the possibility of reward.
avoiding the risk.
theft
budgeting
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