The _________ Control Strategy Attempts to Eliminate or Reduce Any

question 34

Multiple Choice

The _________ control strategy attempts to eliminate or reduce any remaining uncontrolled risk through the application of additional controls and safeguards.

• A) termination
• B) defense 
• C) transference
• D) mitigation

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Definitions:

Mileage Reimbursement

Compensation for fuel and wear-and-tear expenses for the use of a personal vehicle for business purposes, usually calculated by the mile.

Schedule C

A tax form used by sole proprietors to report income and expenses from a business.

Actual Expenses

Real, documented expenses incurred for a specific purpose, often used for tax deduction calculations.

Local Benefits

Refers to services or advantages provided by local government or community organizations to their residents.