Question 78

Which of the following is an appropriate statement concerning the implementation contents of risk management?

a) Because speculative risks can occur outside the scope of management by the business entity, such potential risks are not included in the objects of management.
b) Because the risk of future occurrences of losses is un-certain, risk is estimated in terms not of the budget for implementing the countermeasures but of the amount of possible loss.
c) Risk analysis covers not only pure risks but also speculative risk
d) Risk finance covers all the costs of risk management such as risk analysis and risk control.


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