Jason, the new risk manager for River Transportation Enterprises, has studied the steps of the risk management process as described in the CRM courses that he recently completed. In the risk financing step, he learned the objective of the step is to find the appropriate balance of three primary finance options. Which of the following items is not considered one of the three primary finance options? A. Insurance OB. Retention O C. Letter of credit OD. Transfer of financial responsibility

Jason, the new risk manager for River Transportation Enterprises, has studied the steps of the risk management process as described in the CRM courses that he recently completed. In the risk financing step, he learned the objective of the step is to find the appropriate balance of three primary finance options. Which of the following items is not considered one of the three primary finance options? A. Insurance OB. Retention O C. Letter of credit OD. Transfer of financial responsibility

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section: Chapter Questions

Problem 5FPC

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