Risk Management Data
Statistics & Risk Management
Contents
Page 1
Overview & Objectives
Page 2
Study Materials/Resources
Page 3
Background on Enterprise Risk Management and Risk Management Data
Page 4
Who is Concerned with Risk?
Why Businesses Employ Risk Management Strategies and Techniques
Page 5
What is Enterprise Risk Management?
Why Is Risk Management So Important?
Page 6
Accounting Tools Used in Enterprise Risk Management
Page 7
Strategies Used in Enterprise Risk Management
Page 8
Systems Used in Enterprise Risk Management
Page 9
Example of Risk Management: Information Systems
Page 10
Let's Review!
Page 11
Technology Application
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Let's Review!
What is one thing that almost all businesses have in common?
Reduction is a systematic decrease in the extent of exposure to a risk or the possibility of its occurance.
True
False
Retention involves shifting one risk to another such as purchasing insurance.
True
False
Transference involves removing a hazard, engaging in a alternative activity or avoiding a specific exposure for the business.
True
False
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