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IIA-CIA-PART1 · Question #168

IIA-CIA-PART1 Question #168: Real Exam Question with Answer & Explanation

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Question

Due to extreme liquid fuel price fluctuations, management decided to designate a specific price below which liquid fuel shall not be sold to customers, but instead shall be pumped into storage tanks. Which of the following risk responses has management selected?

Options

  • ARisk reduction.
  • BRisk transfer.
  • CRisk acceptance.
  • DRisk avoidance.

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