Author Question: Which of the following statements about speculative risks is true? A) They are almost always ... (Read 357 times)

aabwk4 · **on:** Jul 11, 2018

Which of the following statements about speculative risks is true?

A) They are almost always insurable by private insurers.
B) They are more easily predictable than pure risks.
C) They may benefit society even though a loss occurs.
D) They involve only a chance of loss.

Question 2

Katelyn was just named Risk Manager of ABC Company.

She has decided to create a risk management program which considers all of the risks faced by ABCpure, speculative, operational, and strategicin a single risk management program. Such a program is called a(n)
A) financial risk management program.
B) enterprise risk management program.
C) fundamental risk management program.
D) consequential risk management program.