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2. Emmanuel reviews his bank statement each month in an effort to track his spending. What risk management strategy is he using?

A. Applying
B. Monitoring revenue and expenses
C. Protecting assets
D. Mitigating

Sagot :

Final answer:

Emmanuel uses the risk management strategy of monitoring expenses to track his spending, falling under mitigating risk.


Explanation:

Emmanuel is using the risk management strategy of monitoring expenses by reviewing his bank statement monthly to track his spending. This strategy falls under the category of mitigating risk. By regularly monitoring his expenses, Emmanuel is preparing to ensure unfortunate outcomes related to his spending do not occur.


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