Which of the following statements about the expected average loss is not correct?
A) The average loss is guaranteed to happen in the upcoming year.
B) The average loss will be expressed in dollars.
C) The average loss is a tool for risk managers to handle future risks.
D) The average loss can be estimated by multiplying the average loss severity with the average loss frequency.
A
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Gabe has a summer job hand-dying shirts that will be sold on the boardwalk. He is paid $3.50 per shirt. This is an example of a ______ compensation plan.
A. pay-for-performance B. pay-for-knowledge C. bonus D. profit-sharing E. gainsharing
When a negotiator faces the other party's negative emotions as a barrier to cooperation, the challenge is to change the game by using the strategy of building them a golden bridge.
Answer the following statement true (T) or false (F)
What is considered the best preparation for MPR professionals who pitch stories to connectors?
What will be an ideal response?
The first step in the risk management process is risk assessment.
Answer the following statement true (T) or false (F)