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Basic Question 7 of 11

Which form is an example of risk acceptance?

A. An auto-insurance company charges lower premiums if drivers have safe driving records.
B. A commercial bank sets aside sufficient capital to cover losses if needed.
C. A new driver purchases auto-insurance.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe methods for measuring and modifying risk exposures and factors to consider in choosing among the methods

CFA® 2024 Level I Curriculum, Volume 6, Module 6.