Which of the Following Is the BEST Reason to Conduct

question 74

Multiple Choice

Which of the following is the BEST reason to conduct regular risk reviews?

• A) Risk reviews ensure stakeholders take action on assigned items.
• B) Risk reviews allow for the identification of response strategies.
• C) Risk reviews can keep personnel on track with their assigned tasks.
• D) Risk reviews must be reported in status updates.

---

Definitions:

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue; also known as the bottom line.

Income Statement Credit Column

The section of the income statement where credit entries, typically revenues and gains, are recorded.

Balance Sheet Credit Column

The section of the balance sheet where liabilities and equity accounts are listed, typically reflecting sources of the company’s funds.

Worksheet

A document or tool used for planning, organizing information, solving problems, and making calculations.