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How Can the Purpose of Risk Management Best Be Described

Question 1

Multiple Choice

How can the purpose of risk management best be described?


A) A method to improve the performance of the organizations stock portfolio
B) To take cost effective measures to reduce potential risk to the organization to an acceptable level
C) A method to inform management of the types of assets the company controls
D) A means of getting cheaper insurance for the organization

Correct Answer:

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