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Cellar-Dwellers, Inc. is a construction firm that specializes in building residential basements. The firm estimates...

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Finance

Cellar-Dwellers, Inc. is a construction firm that specializes in building residential basements. The firm estimates that thieves steal 1,000 cement blocks from the firm's work sites each year, which it pays for out of its current cash accounts. This financing arrangement exemplifies which of the following?

a. Loss reduction

b. Loss prevention

c. Risk retention

d. Self-insurance

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