Choose the statement that shows the two basic mistakes made when measuring risks. (2) a. A claims manager understated the cost of a flood by 5% and accurately identified the areas where losses would arise. b. A bank manager overpriced the credit risk for home loans and did not consider the job security of applicants. c. The university management correctly anticipated that both its students and workers would strike in the beginning of the academic year but forgot to estimate the loss on fees. d. The National Treasury overstated the income tax to be collected and correctly forecasted the social welfare budged