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A furniture manufacturer has installed a new fire sprinkler system at its central warehouse and...

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A furniture manufacturer has installed a new fire sprinkler system at its central warehouse and canceled the existing fire insurance policy on that property. What change of risk response strategy does this course of action most likely reflect?

A.

From sharing to reduction.

B.

From acceptance to reduction.

C.

From sharing to avoidance.

D.

From acceptance to avoidance.

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IIA IIA-ACCA Summary

  • Vendor: IIA
  • Product: IIA-ACCA
  • Update on: Jul 29, 2025
  • Questions: 604
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TESTED 01 Aug 2025