Which Describes Risk Impact

question 99

Multiple Choice

Which describes risk impact?

• A) Timeframe within which the risk might occur
• B) The trigger that occurred giving rise to the risk
• C) The effect of the risk on the delivery of project objectives
• D) How likely the risk is to occur in a given project situation

---

Definitions:

Goodwill

Represents the intangible asset that arises when a company acquires another company for a price higher than the fair market value of its net assets, often related to the brand, customer base, and reputation.

Geographic Boundaries

Physical or conceptual limits that define areas such as countries, states, cities, or territories for administrative, commercial, or political purposes.

Evaluate Performance

The process of systematically assessing the work and results of an individual, team, or organization to determine effectiveness and identify areas for improvement.

Gross Profit Percentage

A financial indicator that calculates the percentage of income remaining from sales after subtracting the cost of goods sold.