Post Utme Igbinedion University 2021 Commerce Question 21

Practice objective / multiple choice question 21 from the 2021 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2021 Commerce Objective / Multiple Choice
Question 21 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • COMMERCE • objective

The concept of risk management in insurance involves identifying and assessing potential risks, then developing strategies to mitigate or transfer them. Which of the following is NOT a type of risk management strategy?

Answer Options

A. Avoidance
B. Transfer
C. Mitigation
Correct Answer D. Acceptance
Correct Answer
D
Correct Option:
Acceptance

About This Question

This is Post Utme Igbinedion University 2021 Commerce Question 21. It is one of the objective questions from the 2021 Post Utme Igbinedion University Commerce examination.

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