All of the following statements about the administration of a risk management program are true EXCEPT

Insurance

Are you having trouble answering the question “All of the following statements about the administration of a risk management program are true EXCEPT”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

All of the following statements about the administration of a risk management program are true EXCEPT

A) The risk manager is an important part of a firm’s management team.

B) A risk management policy statement can be used to educate top executives about the risk management process.

C) If a risk management program is properly designed, periodic review of the program is unnecessary.

D) In order to properly identify loss exposures, the risk manager needs the cooperation of other departments.

Answer: C) If a risk management program is properly designed, periodic review of the program is unnecessary.

You should now have gotten the answer to your question “All of the following statements about the administration of a risk management program are true EXCEPT”, which was part of Insurance MCQs & Answers. Thanks for choosing us.