Problem related to risk evaluation matrix


Question: Akash is an office worker who also enjoys participating in extreme sports such as base jumping, mountain climbing and white-water rafting. Akash is married to Seema, a stay at home mom to their 2 young children. Akash earns a good living, but given they are only one salary they live pretty close to paycheque to paycheque. Which of the following statements regarding Akash's situation is CORRECT? The most prevalent risk for Akash is liability Akash would have a higher-than-average mortality cost Akash is likely able to self-insure A risk of death would be considered low and low for Akash on the risk evaluation matrix

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Accounting Basics: Problem related to risk evaluation matrix
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