The ________ Form Identifies Each Risk Event, the Likelihood of It

question 82

Multiple Choice

The ________ form identifies each risk event, the likelihood of it occurring, the potential impact, when it may occur, and the degree of difficulty in detecting it.

• A) risk measurement
• B) mitigation
• C) detection difficulty
• D) risk assessment
• E) risk alleviation

---

Definitions:

Accounts Receivable Period

The mean duration that a company takes to collect payments from its customers for products or services provided on credit.

Cash Collection Period

The average period of time between when a sale is made on credit and when the payment is received.

Bank Deposit

Funds placed into a banking institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.

Inventory Cycle

The process or time frame from when inventory is acquired to when it is sold, highlighting inventory management efficiency.