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    Small Business Management
  4. Exam
    Exam 17: Risk Management, Insurance, and Crime Prevention
  5. Question
    _____ Refers to Using Various Methods to Reduce the Possibility
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_____ Refers to Using Various Methods to Reduce the Possibility

Question 56

Question 56

Multiple Choice

_____ refers to using various methods to reduce the possibility of a loss occurring.


A) Risk avoidance
B) Risk prevention
C) Risk transfer
D) Risk assumption

Correct Answer:

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