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(b) risk evaluation
(c) risk management attitudes in joint-stock

companies
(d) the cost of risks

Ans. (a) Accounting and other records - An annual record is
to be maintained of the cost of the organisation of
previous types of risks including losses, recoveries from
the insurers, expenditures on risk reduction etc. They
provide several qualitative information, as follows:
(i) data required for the valuation of buildings, plants,
stock and other assets.
(ii) data for quantifying interdependencies between
different parts of an organisation and its dependency
upon particular suppliers and customers.
(iii) details of an organisation's financial arrangement and
financial position.
(iv) Past expenditure on handling risks and the cost of
losses that have occurred.

(b) Risk evaluation - Refer Q6b November 2006

(c) Stock Companies - Refer Q8b May 2005

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