Match the level of risk to the action that will be taken during a project.
1. High impact/medium probability
2. Medium impact/medium probability
A.. Monitor and track the risk to determine any probability changes.
B. Take preventative action to remove the risk.
C. Monitor the risk, but do not take action to remove it.
1.= B. Take preventative action to remove the risk.
2.= C. Monitor the risk, but do not take action to remove it.
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Group life insurance policies include a probationary period requiring new employees to wait a certain time before they can enroll in the plan. How long is the typical range for these probationary periods?
A) 1 to 12 months B) 10 to 25 days. C) 18 to 24 months D) 30 to 45 days.
In order to work with cooperating brokers who will act as sub agents of the principal, a broker must have approval from the:
A. principal B. local multiple listing service C. lawyer D. real estate commissioner