A Grid Charting the Potential Frequency and Severity of Losses

question 54

Multiple Choice

A grid charting the potential frequency and severity of losses is called a

• A)risk management information system.
• B)risk management Intranet.
• C)risk management web site.
• D)risk map.

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Definitions:

Exchange

A platform or mechanism for trading financial instruments, commodities, or other goods and services between parties.

Silver And Gold

Precious metals historically used as a medium of exchange, investment, and to back currency values in various monetary systems.

Quantity

The amount or number of a material or immaterial good that can be measured or quantified.

Quality

A measure of how good or suitable something is in comparison to similar items or services.