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CIMAPRO19-P02-1 Exam - Topic 8 Question 42 Discussion

Which of the following statements is true?
D) Risk hedging is taking action to offset one risk by incurring a new risk in the opposite direction.
A) Risk transfer means the management of a portfolio of different risks.
B) Insuring risks means that businesses will not need to take any measures to reduce those risks.
C) High frequency, high severity risks are always strategic risks.

CIMAPRO19-P02-1 Exam - Topic 8 Question 42 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 42
Topic #: 8
[All CIMAPRO19-P02-1 Questions]

Which of the following statements is true?

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Suggested Answer: D

by Derick at May 06, 2022, 01:25 AM

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Kyoko
10 months ago
I thought high frequency, high severity risks were always a big deal, not just strategic.
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Marylin
10 months ago
B is misleading; businesses still need to manage risks even with insurance.
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Brice
11 months ago
Wait, are we sure about C? That sounds off to me.
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Mira
11 months ago
Totally agree, D is spot on about hedging!
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Yvette
11 months ago
Risk transfer is all about managing different risks, not just one.
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Sherill
11 months ago
This seems like a straightforward Scrum question. I'm pretty confident I know the right approach here.
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Rosamond
11 months ago
I feel pretty confident about this one. Highlighting individual and team contributions, having consistent and fair programs, and reinforcing desired behaviors - those all seem like solid ways to recognize and reward staff. I'll mark those as my top choices.
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Mattie
11 months ago
I'm a bit unsure... Does this mean how people actually behave or the formal control structures? Need to read the question carefully.
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