Question

In: Accounting

Which of the following statements is correct? A. There are no efficient or optimal levels of...

Which of the following statements is correct?

A. There are no efficient or optimal levels of risk.

B. There are efficient or optimal levels of risk.

C. Risk is less costly than the cost associated with the management of risk.

D. Risk can’t be effectively managed.

Solutions

Expert Solution

Answer : B = There are efficient or optimal levels of risk.

At optimal level of risk we can analize the residual risk


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