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Matching the following risk management strategies with their definitions A. risk is taken on by a third party B. an entity acts on its behalf

Matching the following risk management strategies with their definitions

  1. A. risk is taken on by a third party
  2. B. an entity acts on its behalf to mitigate the outcome of an expected loss from an identified risk
  3. C. an entity bears the cost of the risk if it is realized
1. risk retention
2. risk neutralization
3. risk transfer

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