5
QuizMultiple Choice

Introduction to Risk Management

Question 5 • (AG Q4) Financial Literacy: 25-26 (JRush)

FEMA can best be described as a(n) _____.

Answer
A
type of flood protection insurance
B
additional coverage available to those in high-flood risk areas
C
government risk assessment organization
D
government agency that steps in after certain emergencies

Explanation

FEMA stands for the Federal Emergency Management Agency. It is a government agency that coordinates assistance and response after certain emergencies and disasters. It is not an insurance policy or a risk-assessment organization.

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