American_Bankers_Association
CTFA · Question #318
An activity that reduces the probability that a loss will occur is called:
The correct answer is C. Loss prevention. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
An activity that reduces the probability that a loss will occur is called:
Options
- ARisk avoidance
- BLoss Control
- CLoss prevention
- DInsurance policy
How the community answered
(43 responses)- A2% (1)
- B2% (1)
- C86% (37)
- D9% (4)
Topics
#loss prevention#risk management#insurance#probability reduction
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