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V. 10pt Match A to J to one of the following i to xii: A. Objective risks i. Uncertainty based on a person's mental condition
V. 10pt Match A to J to one of the following i to xii: A. Objective risks i. Uncertainty based on a person's mental condition or state of mind B. Subjective risk 11. The cause of a loss C. Peril iii. Probable size of the losses which may occur during some period D. Loss exposure iv. A risk technique to abandon an existing loss exposure E. Avoidance The relative level of surplus in the insurance industry is called the industry's vi. F. Loss severity The risk that the price of gold may decrease and harm the profitability of mining's operations The operational risk associated with deviations from the organization's regular G. Capacity practices and procedures H. Commodity price viii. The risk associated with an organization's property, liability, and personnel- risk related loss exposures Demographic trends, acts of competitors, and industry sector trends are example I. Loss frequency of this external risk J. Process risk probable number of losses that may occur during some period xi. The relative variation of actual loss from expected loss A situation or circumstance in which a loss is possible, regardless of whether a loss occur's Vi X Xii
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