Post Utme Bowen University 2020 Commerce Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 8 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A business owner purchases an insurance policy to protect against losses due to fire. What type of risk is being managed?

Answer Options

Correct Answer A. Operational risk
B. Financial risk
C. Strategic risk
D. Compliance risk
Correct Answer
A
Correct Option:
Operational risk

About This Question

This is Post Utme Bowen University 2020 Commerce Question 8. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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