Post Utme Uniport 2021 Commerce Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Uniport Commerce examination.

Post Utme Uniport 2021 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNIPORT • 2021 • COMMERCE • objective

A risk manager has identified a potential risk to a company's operations. The risk has a probability of occurrence of 0.2 and a potential loss of ₦100,000. What is the expected value of the risk?

Answer Options

A. ₦20,000
Correct Answer B. ₦40,000
C. ₦60,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦40,000

About This Question

This is Post Utme Uniport 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Uniport Commerce examination.

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