If Riot Police Officers Are Trained to Handle Violent Soccer

question 41

Short Answer

If riot police officers are trained to handle violent soccer fans, this is an example of the ________ strategy for risk management.
risk avoidance
risk transfer
risk control
risk retention
risk shift

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Definitions:

Financial Statement

A structured report on the fiscal operations and condition of an organization, individual, or any other body.

Permanent/Temporary

Describes accounts that are either not closed at the end of the accounting period (permanent) or are closed and reset (temporary).

Normal Balance

The side (debit or credit) of an account that is increased. For assets and expenses, it is the debit side; for liabilities, equity, and revenues, it is the credit side.

Financial Statement

A financial statement is a formal record of the financial activities and position of a business, person, or other entity, detailing earnings, expenditures, assets, liabilities, and equity at a specific point in time.