Which of the Following Is Correct

question 24

Multiple Choice

Which of the following is correct?

• A) The best risk management plan is one that does not change throughout one's life.
• B) Once a plan is set up, it should be reviewed every 10 years.
• C) A solid risk management plan works well without insurance as a component.
• D) One question that should be asked when developing a risk management plan is "What do I need to insure?"
• E) The main goal of insurance should be to maximize personal, property, and liability risks.

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Definitions:

Direct Evaluation

Assessment method where the performance or quality of work is appraised directly by observing or measuring outcomes without intermediaries.

Accomplishments

Achievements or completed objectives that demonstrate skill, effort, or success in various areas.

Manager

An individual responsible for planning, directing, and overseeing the operations and employees within an organization or a specific division, ensuring goals are met.

Counselling Role

Involves guiding, supporting, and providing professional advice to help individuals manage personal, social, or psychological challenges.