Prior to Completing the Financing Arrangements Needed to Fund the Purchase

question 13

Multiple Choice

Prior to completing the financing arrangements needed to fund the purchase of an IT consulting firm,Albert Brinkman met several times with his bank and his accountant to review the terms of the bank's financing offer against the business's financial statements.Which of the following correctly identifies and matches this activity with its corresponding step in the risk management process?

• A) avoiding the possibility of loss; first step
• B) transferring legal risk; fourth step
• C) evaluating severity of potential loss; third step
• D) assessing risk in business decisions; first step

---

Definitions:

Language Errors

Mistakes in the use of language that can occur in speaking, writing, or understanding, including grammar, pronunciation, and meaning errors.

Passive Voice

A sentence construction where the subject of the sentence is acted upon by the verb, often helping to obscure who or what is performing the action.

First Word

The initial stage of linguistic development in infants when they produce their first recognizable word.

Baby

A very young child, especially one newly or recently born.