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Commerce · Q87

Insurance

Graduate and Post Graduate · Commerce · question 87

Q87

_________ and _________ refer to measures to reduce chance of occurrence and measures to reduce degree of losses.

A.
Loss Prevention, Loss damage
B.
Loss Control, Loss management
C.
Loss advantage, Loss prevention
D.
Loss Prevention, Loss Reduction
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Loss Prevention and Loss Reduction refer to measures to reduce chance of occurrence and measures to reduce degree of losses.