The Third Step in Risk Management Is

question 62

Multiple Choice

The third step in risk management is:

• A) creating large enough pools to diversity risk
• B) the process of the assessment of risk
• C) the process of identifying risk tools
• D) the process of identifying possible risks that can occur

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Definitions:

Net Investment Income

The total income received from investment assets, after deducting all related expenses.

Assets Abroad

Financial or physical holdings owned by individuals or entities in countries other than their own.

Current Account Balance

A measure of a country's trade, earnings on foreign investments minus payments to foreign investors, and cash transfers, over a period.

Goods And Services

The combination of tangible products (goods) and intangible activities (services) offered in the marketplace.