Which of the following is not a factor in determining the appropriate overall risk management tool to choose?
A)The cost of alternative risk management techniques
B)The amount and likelihood of loss
C)Convenience factors
D)The risk tolerance of the risk management tool.
E)All of the above are factors

Question

Quizplus · Accepted Answer

The risk tolerance of the risk management tool is not a factor in determining the appropriate overall risk management tool to choose. Factors like the cost of alternative risk management techniques, the amount and likelihood of loss, and convenience factors should be considered while selecting the appropriate risk management tool.

Which of the Following Is Not a Factor in Determining