Which of the Following Is a Risk Management Tool That

question 17

Multiple Choice

Which of the following is a risk management tool that can be used to offset the risks associated with anticipated gifts?

• A)Precautionary savings.
• B)Diversification of retirement savings.
• C)Maintaining close relationship with asset owner.
• D)Less cyclical equity assets.
• E)None of the above.

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Definitions:

Essential Attributes

Fundamental qualities or features that define or distinguish the essence of a subject.

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An idea or category defined by the absence of certain attributes or qualities rather than the presence of them.

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A precise description that aims to outline the essence of a concept by delineating its necessary and sufficient conditions.

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Lacking in clarity, specificity, or precision, often intentionally or due to insufficient detail.