The Mouse Executive Board Meeting Was Drawing to a Conclusion;the

question 42

Multiple Choice

The mouse executive board meeting was drawing to a conclusion;the only way they would be able to detect the presence of the cat was to tie a bell around its tail.Under their risk management identification scheme,this would fall under:

• A)commercial risk.
• B)execution risk.
• C)financial risk.
• D)technical risk.

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Definitions:

Planning Budget

A budget created at the beginning of a period, based on estimates of revenues and expenses.

Employee Salaries And Wages

The compensation paid to employees for their labor, including both hourly wages and fixed salaries.

Planning Budget

A budget created at the beginning of a period, based on forecasted levels of activity, to guide business operations and financial planning.

Total Expenses

encompass all costs incurred by a business or individual within a specified period, including operational, financial, and non-operational expenses.