____ Includes Determining Which Risks May Adversely Affect the Project

question 68

Multiple Choice

____ includes determining which risks may adversely affect the project objective and what the impact of each risk might be if it occurs.

• A) Risk modification
• B) Risk avoidance
• C) Risk identification
• D) Risk acceptance

Understand the concept and importance of internal controls in cash handling and banking operations.

Identify the advantages of online banking for businesses.

Recognize proper cash handling and deposit procedures.

Understand the impact of banking transactions on a company's accounts.

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Definitions:

Maslow Hierarchy

A psychological theory proposed by Abraham Maslow, categorizing human needs into five levels ranging from basic (such as physiological needs) to higher needs (like self-actualization).

Physiological

Pertaining to the field of biology focused on the regular operations of living beings and their components.

Self-actualization

Achieving one's full potential and talents, seen as a universal desire or drive.

Safety

The state of being safe from or not exposed to danger, risk, or harm.