Which of the Following Is a Post-Loss Risk Management Objective

question 18

Multiple Choice

Which of the following is a post-loss risk management objective?

• A)treating loss exposures in the most economical way
• B)continuing operations
• C)reduction of anxiety
• D)meeting externally imposed legal obligations

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Definitions:

Currency Market

A global market where currencies are traded against each other, determining their exchange rates.

Appreciation

An increase in the value of an asset over time, which can be influenced by factors like demand, inflation, and currency value changes.

Exchange Rate

An exchange rate is the value of one currency for the purpose of conversion to another currency.

Appreciated

In financial terms, it means an increase in the value of an asset or currency.