Post Utme Christopher University 2024 Commerce Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2024 Commerce Objective / Multiple Choice
Question 15 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • COMMERCE • objective

A firm uses a combination of insurance and risk management techniques to minimize losses. This is an example of which of the following risk management strategies?

Answer Options

A. Risk avoidance
B. Risk transfer
C. Risk retention
Correct Answer D. Risk reduction
Correct Answer
D
Correct Option:
Risk reduction

About This Question

This is Post Utme Christopher University 2024 Commerce Question 15. It is one of the objective questions from the 2024 Post Utme Christopher University Commerce examination.

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