Which of the following helps to reduce risk?
A)Purchasing insurance
B)Obtaining more information
C)Diversifying
D)All of the above.

Question

Quizplus · Accepted Answer

All of the above options help to reduce risk. Purchasing insurance can provide financial protection in case of unexpected events, obtaining more information allows for better decision making and identification of potential risks, and diversifying investments can reduce the impact of any single loss.

Which of the Following Helps to Reduce Risk