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Product Code:Mangement-Accounting-Quizzes-137

1Q-What is Pure Risk ?

2Q-Write about  Speculative Risk ?

3Q-What is Subjective Risk ?

4Q-Define Objective Risk ?

5Q-Write about Probability of loss ?

6Q-Measures of Objective Risk __________?

7Q-What is Variance ?

8Q-Define Standard Deviation ?

9Q-Define Coefficient of Variation ?

10Q-What is Measurement of Risk ?

11Q-What is Liability Risks ?

12Q-Write about the Personal Risks ?

13Q-What is Financial Risk ?

14Q-Write the means of Peril ?

15Q-What is Loss Exposure ?

16Q-Define Hazards ?

17Q-Write about Physical standard ?

18Q-Dine the term Moral Hazard ?

19Q-Entity's cost is the sum of:

20Q-What is Risk Management Process ?

21Q-Define Risk Management ?

22Q-Write about Probability of Loss ?

23Q-What is Law of Large Numbers ?

24Q-Define central limit theorem ?

25Q-Value at Risk (VAR)` ____________?

26Q-Risk Adjusted Return on Capital ___________?

27Q-Write about Major Risk Management Techniques ?

28Q-What are Loss Control ?

29Q-Wrieta about Domino Theory ?

30Q-Define Severity Reduction ?

31Q-What is Separation ?

32Q-What is Duplication ?

33Q-Describe Risk Retention ?

34Q-Credit Funded Retention _____________?

35Q-What is Reserve Funds ?

36Q-What is Captive Insurers ?

37Q-Define the term Incorporation ?

38Q-What is Diversification ?

39Q-Define Hedging ?

40Q-What is Insurance ?

41Q-Steps for selecting among available risk management techniques ___________?

42Q-When to choose risk retention __________?

43Q-When to choose risk transfer __________?

44Q-Write The Deductible Decision ?

45Q-What is Self-Insurance ?



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1Q-What is Pure Risk ? 1A-Uncertainty about whether a loss will occur No possibility of gain- only loss 2Q-Write about Speculative Risk ? 2A-uncertainty about an event that can produce either a profit or loss

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