9) The process of identification, measurement and treatment of exposures to potential accidental losses A. Risk identification 10) Of the following one is odd. B. Risk avoidance A. Survival B. Stability of earnings A. Avoidance is impractical approach B Avoiding a risk may create another risk 11) Which one of the following is incorrect about the characteristics of avoidance? A Avoidance B. Separation. A. Non-insurance transfer 12) Amerger in the same or different lines of business increases the available resources to meet the probable loss is in line with B. Retention 4 Peril A Measuring the losses B. Selection of the risk management tools 13) The method of handling risks by organization and source of fund is organization itself. B. Los prevention measures Column A 1. Morale hazard 2 Personal risk 3. Speculative risk 14) it is a very difficult process because the risk managers have to loak into all operations of the company. risk control tools. 5. Property risk C. Risk measurement 6. Moral hazard 7.Liability risk & Dymamic risk 10 Pure risk D. Risk management 9. Physical hazard C. The reduction of arociety D. Social esponsibility 15) Consider auto manufacturer having airbags installed in company leet off automobiles is in line with: A Loss reduction measures C. Avoidance may be Part III-Matching (1 pt. each). Match column 'A' from column B D. Avoidance is a practical approach C. Combination D. Diversification C. Insurance D. Risk mariagement L Risk of premature death. Direct loss. C. Implernenting the decision made D. ldentifying loss exposures possible C. Avoidance D. Diversification Column B A. The possibility of loss arising from intentional or unintentional damage made to other persons or to thei property B. The prim cause, it is uhat will give rise to the loss C. Defective wiring in a building that increases fire. D. Inflating the iamount of the claim. E. Leaing a door unlocked that allows the robber to enter. F. Refers to losses originates from changes in the overal economy G.A situation there are oniy a possibilities of loss or no loss. H.A situation in ohich either profit or loss is possible.

1 answer

Based on your text, here are the answers to the matching and other questions in the provided sections:

Matching (Column A to Column B)

  1. Morale hazard

    • D. Inflating the amount of the claim.
  2. Personal risk

    • A. The risk of premature death.
  3. Speculative risk

    • H. A situation in which either profit or loss is possible.
  4. Property risk

    • C. Defective wiring in a building that increases fire.
  5. Liability risk

    • A. The possibility of loss arising from intentional or unintentional damage made to other persons or to their property.
  6. Moral hazard

    • E. Leaving a door unlocked that allows the robber to enter.
  7. Dynamic risk

    • F. Refers to losses that originate from changes in the overall economy.
  8. Pure risk

    • G. A situation where there are only possibilities of loss or no loss.

Additional Questions

  1. The process of identification, measurement, and treatment of exposures to potential accidental losses:
    A. Risk identification

  2. Of the following one is odd:
    (Since the original context provided limited options, I assume that the odd one out will depend on understanding which option doesn't fit with the others in context. I'm unable to provide absolute answers without the options.)

  3. Which one of the following is incorrect about the characteristics of avoidance?:
    B. Separation. (This may imply that 'separation' isn't a characteristic of avoidance.)

  4. A merger in the same or different lines of business increases the available resources to meet the probable loss is in line with:
    B. Selection of the risk management tools.

  5. The method of handling risks by organization and source of fund is organization itself:
    C. Risk measurement (This might possibly connect to ‘Risk management’ as well, depending on specific contexts given.)

  6. It is a very difficult process because the risk managers have to look into all operations of the company:
    D. Risk management

  7. Consider an auto manufacturer having airbags installed in company fleet of automobiles is in line with:
    A. Loss reduction measures

Feel free to modify any interpretation of these answers as they may vary depending on specific study materials or context!

Similar Questions
  1. Exlpain thisRisk-taking – Entrepreneurs are willing to take calculated risks and have the ability to manage and minimize
    1. answers icon 1 answer
    1. answers icon 11 answers
    1. answers icon 3 answers
    1. answers icon 1 answer
more similar questions