CRM56 Practice Questions - Canadian Risk Management CRM56 - Risk Financing Exam

When selecting among risk financing techniques, which criterion is most central to CRM56?

Whether the technique maximizes broker commission regardless of funding adequacy Whether competitors use the same broker for all lines Whether the technique eliminates the need for any loss records Ability to meet post-loss funding needs at an acceptable cost and cash-flow impact

Correct Answer:

Ability to meet post-loss funding needs at an acceptable cost and cash-flow impact

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