Insurance costs are most directly associated with which risk strategy?
A) Acceptance
B) Avoidance
C) Reduction
D) Transference
E) Analysis

Name: Insurance costs are most directly associated with which risk strategy? A) Acceptance B) Avoidance C) Reduction D) Transference E) Analysis
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Question

Quizplus · Accepted Answer

Insurance costs are most directly associated with the risk transference strategy, where risks are shifted from one party to another, typically from the insured to the insurer.

Insurance Costs Are Most Directly Associated with Which Risk Strategy