Arkansas Insurance Adjuster Practice Exam

Image Description

Question: 1 / 400

Which of the following is NOT a risk management technique?

Risk reduction

Risk retention

Risk equality

The most effective risk management techniques involve taking proactive measures to mitigate or reduce potential risks. Option A focuses on minimizing potential risks, option B involves accepting and managing risks internally, and option D involves completely avoiding potential risks. Option C, risk equality, does not describe a specific risk management technique and therefore is not a valid answer. It is important to carefully evaluate and select risk management techniques based on the specific circumstances and potential risks involved, rather than opting for a blanket approach like risk equality.

Get further explanation with Examzify DeepDiveBeta

Risk avoidance

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy