Which of the Following Is Not a Factor in Determining

question 4

Multiple Choice

Which of the following is not a factor in determining the appropriate overall risk management tool to choose?

• A)The cost of alternative risk management techniques
• B)The amount and likelihood of loss
• C)Convenience factors
• D)The risk tolerance of the risk management tool.
• E)All of the above are factors

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Definitions:

Journal Entries

Recorded transactions in the accounting system that show the effects of financial events on the accounts of a company.

Investment Account

An account held at a financial institution that contains securities, cash, and other investment vehicles.

Related Income

Income that arises from transactions or relationships between entities that have a special connection or are part of the same group.

Revaluation

An adjustment of the book value of an asset or currency to its fair market value, often affecting the financial statements of a company.