A process that create a financial position that offsets the risk of an ongoing business process is which method of handling risk? Transfer the risk Keep the risk Avoid the risk Mitigate the risk
A process that create a financial position that offsets the risk of an ongoing business process is which method of handling risk? Transfer the risk Keep the risk Avoid the risk Mitigate the risk
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter13: Emerging Topics In Managerial Accounting
Section: Chapter Questions
Problem 2MCQ
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- A process that create a financial position that offsets the risk of an ongoing business process is which method of handling risk?
- Transfer the risk
- Keep the risk
- Avoid the risk
- Mitigate the risk
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