RMIN 4000 UGA Brown Test 1 Ch 1-4 Questions and Correct Answers | Latest Update
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Course
RMIN 4000
Institution
RMIN 4000
exposures
-:- things of value (assets) that could be lost
perils
-:- things that could happen to assets
risk management
-:- a process that identifies loss exposures faced by an organization and
selects the most appropriate techniques for treating such exposures
risk
-:- a calculated po...
RMIN 4000 UGA Brown Test 1 Ch 1-4
Questions and Correct Answers | Latest
Update
exposures
✓ -:- things of value (assets) that could be lost
perils
✓ -:- things that could happen to assets
risk management
✓ -:- a process that identifies loss exposures faced by an organization and
selects the most appropriate techniques for treating such exposures
risk
✓ -:- a calculated possibility of a negative outcome
frequency
✓ -:- probability of a loss over a certain period of time
1|P a g e | G r a d e A + | 2 0 2 0 2 5
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