To Obtain a Measure of Probable Loss,companies ________

question 47

Multiple Choice

To obtain a measure of probable loss,companies ________.

• A)multiply likelihood by the probability of the occurrence
• B)multiply the vulnerability by the probability of the occurrence
• C)multiply likelihood by the cost of the consequences
• D)multiply residual risk by the likelihood of the occurrence

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Definitions:

Incest Taboo

A cultural or social prohibition against sexual relations or marriage between persons deemed too closely related.

Subsistence

The means by which individuals or societies obtain their basic necessities for survival, such as food, shelter, and clothing.

Geographical Mobility

The movement of people or populations from one location to another, often for reasons of employment, housing, or other socio-economic factors.

Traditional Farming

Agricultural methods that rely on indigenous knowledge, natural resources, and sustainable practices, often passed down through generations.