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RE abbreviation - Risk analysis and management -Risk Exposure
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Risk analysis and management
Q. RE represents ______ .
- Published on 03 Aug 15
a.
Risk Expense
b.
Related Expense
c.
Risk Exposure
d.
Risk Evaluation
ANSWER: Risk Exposure
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Discussion
Prajakta Pandit
-Posted on 06 Nov 15
- RE represents
risk exposure.
- Risk exposure is a quantified loss potential of business.
- It is usually calculated by multiplying the probability of an incident occurring by its potential losses.
- The main objective of risk exposure is a calculation used to determine the overall level of risk that the organization can tolerate for the given situation that is based on the benefits and costs involved.
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