According to the risk management matrix, risk exposures with high frequency of losses and high severity of losses are:
A)retained or self-insured.
B)transferred or insured.
C)avoided.
D)ignored.
E)retained with loss control.

Question

Quizplus · Accepted Answer

Risks with high frequency and high severity are typically avoided because they pose a significant threat to the organization, and other strategies like retention or transfer might not be effective or feasible.

According to the Risk Management Matrix, Risk Exposures with High