Voluntary risk retention is a useful technique for handling risk for a large organisation and it can
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Voluntary risk retention is a useful technique for handling risk for a large organisation and it can gain economic benefits if risk is managed appropriately. Voluntary risk retention is where the organisation has chosen to provide for payment of losses itself. It does so because there are benefits to be gained from retention.
1. Discuss the rationale of risk retention for an international organisation.
2. Explain the different forms of retention and discuss the reasons for partial retention
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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