Chapter 01 Flashcards by Vanessa Sanchez

Q

Inherent Risk

A

In the absence of direct or focused action by management to alter risk

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Risk Reduction

A

Is to offset the risk with diversification.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly