CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 27 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 27
Topic #: 1

Which of the following statements relating to risk and uncertainty is correct?

ARisk exists when we do not know all of the possible outcomes.

BRisk exists when we know all of the possible outcomes but not their probabilities.

CUncertainty exists when we know all of the possible outcomes but not their probabilities.

DUncertainty exists when we know all of the possible outcomes and their probabilities.

Show Suggested Answer

Suggested Answer: C

by Kristeen at May 09, 2022, 12:24 PM

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