Wasilwa Jim_Uganda_Risks and uncertainties assessment test

This is an unavoidable and unforeseen circumstance or hazard that affects the outcome of an investment but cannot be measured in an assessable manner hence cannot be insured against

• Uncertainty

• Challenge

• Risk

• Problem

Answer explanation

Wonderful

An avoidable circumstance that affects the outcome of an investment and can be measured in an assessable manner.

• Problem

• Risk

• Challenge

• Uncertainty

Answer explanation

You made it correct

Both are Examples of the risks in Agricultural investment

• change in government policy & accidents on the farm

• Diseases & floods

• Pests & price fluctuation

• fire outbreak & theft

Answer explanation

Wow!!!

This is an example of an uncertainty

• Change in government policy

• Pest

• fire outbreak

• strike by Labourers

The following measures control uncertainty

• Insurance & diversification

• Insurance & choosing less risk enterprise

• diversification & flexibility in enterprise

• Flexibility & Insurance