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Blizzard [7]
3 years ago
5

Which of the following statements concerning qualitative and quantitative approaches to assessing risk-tolerance is (are) correc

t?
I. The quantitative devices for assessing risk-tolerance are best that contain "norms."
II. Other things being equal, the fewer the number of questions in a quantitative device for assessing risk-tolerance, the more accurate will be the results.
(A) I only
(B) II only
(C) Both I and II
(D) Neither I nor II
Social Studies
1 answer:
svetlana [45]3 years ago
5 0

Answer: A (I only)

Explanation:

Risk tolerance may be discussed as the capacity of the level of risk an organization is willing to accept, in terms of qualitative or quantitative values which could be used as a standard to make risk-based decisions.

The quantitative devices for assessing risks tolerance uses significant and objective data to determine asset value, probability of loss, and those risks that are associated with it.

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Answer:

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Suppose there are five families in a country and their income is 15 lakhs, 20 lakhs , 12 lakhs, 8 lakhs and 25 lakhs respectivel
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Answer:

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Explanation:

Per capita income is the mean income of the people in an economic unit. An economic unit may be a city or country. It is calculated by taking the sum of all sources of income and dividing it by the total population.

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