Risk Management Exam Questions and

Answers

what is risk? - Answer-uncertainty regarding an outcome; potential consequences from that

outcome

risk DOES NOT = - Answer-probability of loss

in most situations, what are we worried about ocurring? - Answer-financial loss

what is your biggest asset? - Answer-human capital

what is human capital? - Answer-ability to generate income into the future

when human capital is exposed to risk, we call this... - Answer-personal risks

examples of personal...
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