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QUESTION 17 All are involved in the Implementation Process except Actuaries Risk Managers Insurance Carriers Insurance Brokers None of the above QUESTION 18 Insurance is
QUESTION 17 All are involved in the Implementation Process except Actuaries Risk Managers Insurance Carriers Insurance Brokers None of the above QUESTION 18 Insurance is designed to respond to Planned losses that affect operations Only specific claims that could shut down the business Sudden and accidental events that could create losses Interruption that creates a domino effect None of the above QUESTION 19 If a Risk may occur but not often and may also cost a lot if it happens it should be Retained Transferred Avoided Loss Controlled None of the above
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