Post Utme Al Hikmah University 2022 Commerce Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2022 Commerce Objective / Multiple Choice
Question 8 POST_UTME_AL-HIKMAH_UNIVERSITY • 2022 • COMMERCE • objective

A risk management strategy involves identifying, assessing, and mitigating risks. If a company identifies a risk that has a 20% chance of occurring and a potential loss of ₦1 billion, what is the expected value of this risk?

Answer Options

Correct Answer A. ₦200 million
B. ₦400 million
C. ₦600 million
D. ₦800 million
Correct Answer
A
Correct Option:
₦200 million

About This Question

This is Post Utme Al Hikmah University 2022 Commerce Question 8. It is one of the objective questions from the 2022 Post Utme Al Hikmah University Commerce examination.

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