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RISK ASSESSMENT AND STRATEGIES

Horizontales
The process of identifying risks and deciding how serious they are. Risk _________
The likelihood of a risk resulting in loss
Finding ways to lower your chances of incurring a loss. Risk _________
Stopping the behavior that leads to a risk . Risk ________
The price you pay for insurance coverage.
Verticales
The chance of injury, damage or economic loss
Accepting the consequences of risk. Risk ______
Setting aside money to be used in the event of injury or loss of loss of assets.
A physical injury, damage to property, or disappearance of property or other assets
Passing risk to another party. Risk _________