AFP
CTP · Question #869
(Topic 9) What is the primary weakness of a risk management policy that includes risk control without specifically providing a plan for risk financing?
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Question
- (Topic 9)
What is the primary weakness of a risk management policy that includes risk control without specifically providing a plan for risk financing?
Options
- AResources are used to pay for losses that could have been prevented.
- BFunding must be set aside for self-insurance.
- CThere is an increase in the potential for claims of negligence.
- DCatastrophic losses could result in bankruptcy.
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