A Risk Manager Was Asked to Review All the Loss

question 55

Multiple Choice

A risk manager was asked to review all the loss exposures his company faces.The risk manager noted that the company obtained over 90 percent of its raw materials from one supplier.He voiced concern about business interruption if that supplier was closed for some reason.Acting on his recommendation,the company began to purchase raw materials from two other suppliers.Using multiple suppliers illustrates which risk control technique?

• A)risk avoidance
• B)duplication
• C)risk transfer
• D)diversification

---

Definitions:

Urinary System

The body's drainage system for removing wastes and extra water, including the kidneys, ureters, bladder, and urethra.

Ureters

Tubes that carry urine from the kidneys to the bladder.

Clean-Voided Urine

A method of collecting urine that helps in minimizing contamination from the external genitalia to ensure a sample is as sterile as possible.

Urethral Meatus

The external opening of the urethra, through which urine exits the body in both males and females.