Match the Descriptions with Their Terms

Multiple Choice

Match the descriptions with their terms:
-_________________ is the process of systematically managing risks through the following steps: identifying risks, evaluating risks, selecting risk management techniques, and implementing and reviewing decisions.

A) Dynamic risks
B) Financial risk
C) Hazards
D) Integrated risk management
E) moral hazard
F) morale hazard
G) objective risk
H) Peril
I) Pure risk
J) Risk
K) Risk management
L) Speculative risk
M) Static risk
N) Subjective risk