To Apply the Rules of Risk Management,the Risk Manager Must

Multiple Choice

To apply the rules of risk management,the risk manager must know all of the following except:

A) the exact amount of losses the firm is going to have in a certain period of time
B) how to identify the loss potential to which the firm is exposed
C) how to measure the loss potential to which the firm is exposed
D) how to measure the benefits and costs of alternative risk bearing devices for given situations