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      Question

      What is the importance of Regular Inspections in

      supporting insurance and risk management?
      A Avoiding the need for insurance Correct Answer Incorrect Answer
      B Reducing the risk of catastrophic failures Correct Answer Incorrect Answer
      C Increasing insurance premiums Correct Answer Incorrect Answer
      D Eliminating the need for risk management Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Regular inspections support risk management by reducing the risk of catastrophic failures.

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