Receiving a much larger than usual gas utility bill because of an early spring cold spell is an example of what type of risk?
A)known risk
B)known-unknown risk
C)unknown-unknown risk
D)known-known
E)none of the above

Question

Quizplus · Accepted Answer

A known-unknown risk is one that is anticipated but its occurrence or impact is uncertain, like unexpected weather changes affecting utility bills.

Receiving a Much Larger Than Usual Gas Utility Bill Because