Which of the Following Is a Reason for Assessing Risk

question 43

Multiple Choice

Which of the following is a reason for assessing risk in a project?

• A) To identify new tasks
• B) To shorten the project timeline
• C) To avoid rework
• D) To establish a budget

---

Definitions:

Items Reported

Specific financial data points or transaction details disclosed in a company’s financial statements.

Accounting

Accounting is the systematic process of recording, measuring, and communicating financial information about an entity, facilitating decision making and financial management.

Credit Balance

The amount of money a business owes to its creditors, represented as a liability on the balance sheet.

Gain on Sale of Land

The financial profit earned from selling land for more than its purchase cost.