AIDA 182 FINAL EXAM NEWEST ACTUAL EXAM
COMPLETE 200 QUESTIONS AND 100%CORRECT
DETAILED ANSWERS |VERIFIED & GRADED A+
What is true of pure and speculative risks? - ANSWER-All
businesses involve speculative risks.
What is true of diversifiable and nondiversifiable risks? -
ANSWER-Systemic risks are nondiversifiable generally.
What is an example of a strategic risk? - ANSWER-A new
computer chip that could give a company growth.
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What is an example of an operational risk? - ANSWER-
The ability of suppliers to perform.
What is true of subjective and objective risks? - ANSWER-
Subjective risk can be present where objective risk is not.
What is an example of a speculative risk? - ANSWER-
Investing in stock.
What is true of diversifiable versus nondiversifiable risk? -
ANSWER-Diversifiable risks are not correlated and can be
managed through diversification or spread of risk.
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A company's fleet of cars is worrying the managers
liquidity of the company and fuel prices having an adverse
effect is which type of risk quadrant? - ANSWER-Financial
risk.
An employee embezzling funds from a company for not
feeling adequately paid is what risk? - ANSWER-Both a
hazard and an operational risk.
Failing to respond to changing customer demands is an
example of what risk? - ANSWER-Strategic risk.
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The fear of your home being hit by a storm and damaged
or destroyed is what risk for you? - ANSWER-A subjective
risk.
What quadrant of risk is a harmful chemical found in a
building with unknown harm to residents and to the clean
up crew part of? - ANSWER-A hazard risk.
Driving instead of flying because of feeling of safety is an
example of what? - ANSWER-A subjective risk.
Investing money in a rental property brings what? -
ANSWER-Both speculative and pure risks. The property