………… is the process of reducing frequencies and severely of losses.
A) Loss prevention
B) Loss Control
C) Avoidance of risk
D) None of the above
Correct Answer:
Verified
Q12: ………………is an example for personal risk
A)Business loss
B)Fire
Q13: Property damaged because of earthquake is…………risk
A)Risk for
Q14: Spreading of risk otherwise termed as……….
A)Shifting of
Q15: Insurance is a risk management technique involving…
A)Risk
Q16: An escape from disability or death in
Q18: Willingness to retain whole or part of
Q19: Annual maintenance contract for computers is …………
A)Risk
Q20: Which of the following is a method
Q21: Risk evaluation breaks down into two parts.
Q22: …………….. is planned retention by which the
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