Post Utme Nile University 2019 Commerce Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Nile University Commerce examination.

Post Utme Nile University 2019 Commerce Objective / Multiple Choice
Question 15 POST_UTME_NILE_UNIVERSITY • 2019 • COMMERCE • objective

A business organization is considering the use of a risk management strategy that involves transferring risk to a third party. What is the purpose of this strategy?

Answer Options

A. To reduce the company's risk exposure
B. To increase the company's risk exposure
Correct Answer C. To transfer the risk to a third party
D. To reduce the company's costs
Correct Answer
C
Correct Option:
To transfer the risk to a third party

About This Question

This is Post Utme Nile University 2019 Commerce Question 15. It is one of the objective questions from the 2019 Post Utme Nile University Commerce examination.

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