A student who has skipped many classes and not studied the course ...

[Diane]

A student who has skipped many classes and not studied the course material was surprised to learn there was a test when he showed-up for class. The student's mental uncertainty about whether or not he will pass the test is called
 
  A) objective risk.
  B) objective probability.
  C) subjective probability.
  D) subjective risk.

Question 2

Rather than storing all of its finished goods in a single location, Davis Company divides the finished goods between two warehouses. This simple risk control technique which is designed to limit losses should a warehouse fire occur is called
 
  A) duplication.
  B) risk transfer.
  C) separation.
  D) loss prevention.

[annierak]

Answer to Question 1

Answer: D

Answer to Question 2

Answer: C

[Diane]

Excellent

[samiel-sayed]

TYSM