What change of risk response strategy does this course of action most likely reflect?

exams IIA-ACCA IIA-ACCA exam 0 Comments

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.

Answer: A