As a general rule, how often should loss control be considered when analyzing the costs and benefits of risk retention or transfer techniques?
A) always,
B) most of the time,
C) some of the time,
D) never.

Question

Quizplus · Accepted Answer

Loss control should always be considered when analyzing the costs and benefits of risk retention or transfer techniques, as it can significantly impact the overall risk management strategy by potentially reducing the frequency or severity of losses.

As a General Rule, How Often Should Loss Control Be