Post Utme Bells University 2024 Commerce Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Bells University Commerce examination.

Post Utme Bells University 2024 Commerce Objective / Multiple Choice
Question 23 POST_UTME_BELLS_UNIVERSITY • 2024 • COMMERCE • objective

A company's insurance policy covers losses due to fire, theft, and natural disasters. Which of the following is an example of a risk management strategy?

Answer Options

A. Deductible
B. Co-insurance
C. Excess
Correct Answer D. Risk retention
Correct Answer
D
Correct Option:
Risk retention

About This Question

This is Post Utme Bells University 2024 Commerce Question 23. It is one of the objective questions from the 2024 Post Utme Bells University Commerce examination.

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