Risk Management and Loss Prevention Quiz

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What can help assure a business of updates on price trends?

Record of accounting

Good management (correct)

Study of population trends

Insurance policy

What can warn business owners about risks involving the loss of property value?

Personnel policies

Business activities study (correct)

Study of population trends

Record of accounting

How can risks involving financial issues/hardships be managed?

Good management

Study of population trends

Purchase outside insurance

Proper planning (correct)

What is a method of protection against risks mentioned in the text?

Investment in receivables Signup and view all the answers

What can help a business person secure financial help when needed?

Record for honesty and fair dealing Signup and view all the answers

Which strategy allows for less risks for a business and shifts them to the insurance company?

Purchase outside insurance Signup and view all the answers

What can alert management of any adverse trends in operations?

Record of accounting Signup and view all the answers

What can help ensure employers of the honesty and integrity of their employees?

Personnel policies Signup and view all the answers

What method can help guard against risks involving financial issues/hardships?

Investment in receivables Signup and view all the answers

What factor varies with protection action taken against risks?

Services and circumstances Signup and view all the answers

Risk Management and Loss Prevention Quiz

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Questions and Answers

What can help assure a business of updates on price trends?

What can warn business owners about risks involving the loss of property value?

How can risks involving financial issues/hardships be managed?

What is a method of protection against risks mentioned in the text?

What can help a business person secure financial help when needed?

Which strategy allows for less risks for a business and shifts them to the insurance company?

What can alert management of any adverse trends in operations?

What can help ensure employers of the honesty and integrity of their employees?

What method can help guard against risks involving financial issues/hardships?

What factor varies with protection action taken against risks?

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