
25.2 Managing Risk
Authored by Alvalene Rogers
Life Skills
9th - 12th Grade
Used 33+ times

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19 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Organized strategy for controlling financially loss from pure and insurable risks
Risk Assessment
Risk Assumption
Risk Management
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When should risk management begin
After you are married
After you have children
After you get a job
Whenever you have things that you can lose
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you learn from a risk assessment
Your risk score
An understanding of the types of risk you will face and their potential consequences
The amount of insurance you will need
The types of insurance you will nee
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first question you should ask while doing risk management
Which insurance to purchase
The amount of insurance to purchase
What financial risk do you take daily
How serious are your risk
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can you be responsible for loss that is not directly your fault
Yes
No
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the steps in Risk Assessments
Identify risk of loss, Assess seriousness of risks, Handle risks
Assess seriousness of risks, identify risk, handle risk
Avoid loss, identify risk, handle risks
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the techniques for handling risks
shifting, avoiding, reducing or assuming
ignoring, pressing, reducing, shifting
assuming, shifting, fixing
avoiding, shifting, fixing
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