1. Workers Compensation insurance is a example of

essential insurance

desirable insurance

available insurance

optional insurance

2. Risk management differs from insurance management in all of the following ways except

risk management places less emphasis on the identification and analysis of loss exposures than does insurance management.

techniques other than insurance can be used in a risk management program.

risk management provides for the periodic evaluation of all techniques for meeting losses, not just insurance.

risk management affects a larger number of persons in a firm than does insurance management.