Actuarial Notes

Exam DISC-RM Practice Question 464

Study guide: Exam DISC-RM

Under the CAS's four types of risk for an enterprise (hazard, financial, operational and strategic), which of the following is a strategic risk for a furniture manufacturer?

  • A) A shift in customer tastes away from its main product line
  • B) A default by a large retail customer on its trade credit
  • C) A windstorm that damages the roof of its main plant
  • D) A failure of the payroll system that delays wages

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