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Question 250 - CAP discussion

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The risk transference is referred to the transfer of risks to a third party, usually for a fee, it creates a contractual-relationship for the third party to manage the risk on behalf of the performing organization. Which one of the following is NOT an example of the transference risk response?

A.
Use of insurance
Answers
A.
Use of insurance
B.
Life cycle costing
Answers
B.
Life cycle costing
C.
Warranties
Answers
C.
Warranties
D.
Performance bonds
Answers
D.
Performance bonds
Suggested answer: B
asked 18/09/2024
Felix Maroto Roman
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