UGA RMIN 4000 Edmunds Exam 1 Study Guide Solutions
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Prep Tests
UGA RMIN 4000 Edmunds Exam 1
Study Guide Solutions
risk - ANSWER-uncertainty concerning the occurrence of a loss (or calculated
possibility of a negative outcome)
loss exposure - ANSWER-any situation where a loss is possible (does not have to
occur)
loss frequency - ANSWER-how often a loss oc...
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