The Risk Manager Needs to Come Up with Answers to the Following

question 60

Multiple Choice

The risk manager needs to come up with answers to the following questions:
I. what are the major risks that the company is facing and what are the possible consequences?
II. is the company being paid for taking these risks?
III. should we worry about risk at all as risk is God-given?
IV. how should risks be controlled?

• A) I only
• B) I and II only
• C) I, II and IV only
• D) III only

---

Definitions:

WPA Program

A central part of the New Deal, the Works Progress Administration was a large federal employment program in the United States during the Great Depression, aimed at creating jobs for unemployed Americans.

Artists

Creative individuals who produce art in any of its forms, including painting, sculpture, music, literature, and performance, often expressing ideas and emotions through their work.

Pilots

Trained individuals who operate the flight controls of an aircraft.

Illegal Immigrants

People who enter or reside in a country without the necessary legal permissions or who overstayed their visas.