Which combination of methods would be best to identify as many loss exposures as possible for an organization?
A) flowcharts and contract analysis
B) on-site inspections, statistical analysis, and contract analysis
C) financial statement analysis, statistical analysis, and on-site inspections
D) all the methods combined.

Question

Quizplus · Accepted Answer

Combining all the methods mentioned (flowcharts, contract analysis, on-site inspections, statistical analysis, and financial statement analysis) would provide the most comprehensive approach to identifying as many loss exposures as possible for an organization. Each method covers different aspects and risks, thus their combination ensures a thorough analysis.

Which Combination of Methods Would Be Best to Identify as Many