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Question 5 3 pts Risk management reviews the cost of risk associated with protecting cash flows, assets, and personnel. Which one of the following statements

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Question 5 3 pts Risk management reviews the cost of risk associated with protecting cash flows, assets, and personnel. Which one of the following statements best describes the key components of an organization's cost of risk? O Risk management department costs, retained losses, premiums, and risk control costs O Operational, administrative, and risk control costs O Risk hazards, cost of perils insured against premium and loss control expenses O'Hazard risk and operational costs

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