Author Question: The worst loss that is likely to happen is referred to as the A) maximum possible loss. B) ... (Read 180 times)

student77

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The worst loss that is likely to happen is referred to as the
 
  A) maximum possible loss.
  B) probable maximum loss.
  C) frequency of loss.
  D) severity of loss.

Question 2

Which of the following is a source of information a risk manager could use to help identify pure loss exposures?
 
  A) commodity prices
  B) physical inspections
  C) currency exchange rates
  D) interest rate movements



nothere

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Answer to Question 1

Answer: B

Answer to Question 2

Answer: B



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