An integrated risk management program is a risk management program which combines
A) pure and speculative risks.
B) property and liability risks.
C) personnel-related risk and property risk.
D) direct and indirect loss risk.

Question

Quizplus · Accepted Answer

An integrated risk management program combines both pure risks (which involve only the chance of loss or no loss) and speculative risks (which involve the chance of loss, no loss, or gain).

An Integrated Risk Management Program Is a Risk Management Program