Which of the Following Would Be Considered a Preventive Control

question 7

Multiple Choice

Which of the following would be considered a preventive control?

• A) A library control log.
• B) A review of exception reports.
• C) A password lock on a server.
• D) A software scan of financial records for irregularities.

Describe efficient allocation of risk and the principles of diversification and pooling in reducing risk.

Analyze how changes in insurance policy premiums affect demand and supply.

Explain the significance of diversification in investment and risk management strategies.

Understand the concept of demand and supply in the context of insurance markets.

---

Definitions:

Cognitive Development

The process through which a person learns to think, reason, and use language, which plays a critical role in understanding, processing, and responding to the environment.

Uneven

Lacking uniformity, consistency, or equality in distribution, quality, or character, often leading to disparities or inequalities.

Recent Evidence

The latest data or information that has emerged in a particular field, offering new insights or confirmation of existing theories.

Centered

Focused or concentrated on a specific point or purpose.