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    Risk Management and Insurance
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    Exam 5: Risk Management Techniques: Noninsurance Methods
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    When an Entity Avoids a Risk
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When an Entity Avoids a Risk

Question 16

Question 16

Multiple Choice

When an entity avoids a risk


A) the chance of a loss is zero,
B) the chance of a loss is only moderately reduced,
C) the probability of a loss due to that risk is zero,
D) the chance of a loss for that entity due to that risk is reduced to zero.

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