In historical terms,although not necessarily the case now,risk management has focused on firm-specific events such as

Question

Quizplus · Accepted Answer

Worker's compensation claims are specific to a particular firm and have been a focus of risk management in the past. Currency risk and interest rate risk are more generic and affect multiple firms, making them less firm-specific. Therefore, choice A and B are not the best choices.

In Historical Terms,although Not Necessarily the Case Now,risk Management Has