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1. pay for losses 2. manage the cost of risk 3. manage cash flow variability 4. maintain an appropriate level of liquidity 5. comply with

1. pay for losses

2. manage the cost of risk

3. manage cash flow variability

4. maintain an appropriate level of liquidity

5. comply with legal requirements

Explain how an organization (Public/Private/Non-Profit) can meet their risk financing goals by fulfilling the five (5) goals indentified above.

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