CIMAPRO19-P01-1 Exam - Topic 7 Question 123 Discussion
Which of the following distinguishes risk from uncertainty?
A) Risk can be quantified whereas uncertainty cannot.
B) Risk can have both upside and downside whereas uncertainty is always downside.
C) Risk should be taken into account in decision making whereas uncertainty should not.
D) Risk is relevant to financial decisions whereas uncertainty is relevant to non-financial.
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