Exam DISC-RM Practice Question 13
Study guide: Exam DISC-RM
Which statement best describes how risk treatment has evolved from the traditional approach to enterprise risk management?
- A) Insurance was abandoned, because ERM transfers hazard risks through the capital markets instead
- B) Treatment widened from insuring and controlling pure risks to managing all risks together, even exploiting some
- C) Loss control replaced retention, because ERM requires every risk to be reduced as far as possible
- D) Operational and strategic risks became transferable through standard insurance policies
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