Multiple Choice
Match the descriptions with their terms:
-Under the concept of _________________, one's liability may be imputed to another by contract.
A) Adjusted return on capital
B) contractual liability
C) expected value
D) financial statement analysis
E) flowchart
F) law of large numbers
G) loss exposure checklist
H) maximum possible loss
I) mean
J) median
K) mode
L) risk management information system
M) standard deviation
N) Value at risk
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Risk managers should leave contract analysis for
Q15: Which of the following uses is not
Q16: Outside suppliers can be added to a
Q17: As the number of exposure units increases
Q18: Risk mapping considers both risk frequency and
Q20: Match the descriptions with their terms:<br>-The _
Q21: What is the best number of exposure
Q22: Sharon, the risk manager of Tracie's Ceramics,
Q23: Risk managers can discover previously unidentified loss
Q24: In the past, Tracie's Ceramics has averaged