CGFO. Study guides, Class notes & Summaries

According to GASB 10, list the types of risk - Torts Theft of damage to, or destruction of assets Business interuption Errors or omissions Job-related illnesses or injuries to employees Acts of God Any other risk of loss assumed under a policy or participation contract issued by a public entity risk pool Risk of loss resulting when an entity agrees to provide accident and health, dental, and other medical benefits to its employees. What are the two ways to mange risk? - Manage an organ...