Management of Risk MCQs Test Online PDF Download

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MCQ on Management of Risk Quiz PDF Download

MCQ: If decision maker's information is not so complete, then decision making is under conditions of

  1. Risk
  2. Failure
  3. Uncertainty
  4. Minimum Cost


MCQ: Risk analysis describes nature of problem but doesn't

  1. Remove the ambiguity
  2. Provides techniques
  3. Reduce the uncertainty
  4. Both A and C


MCQ: There is no way to solve problems under uncertainty without altering the

  1. Data flow of the problem
  2. Cash flow of the problem
  3. Decision making abilities
  4. Nature of the problem


MCQ: Term that describes uncertainties in a way that provides decision maker with a useful insight into nature is called

  1. Flow analysis
  2. Risk analysis
  3. Data analysis
  4. Computation analysis


MCQ: Output of any decision depends on what decision makers does and

  1. Nature
  2. Cash flows
  3. Timing
  4. Actions