Typically,people Are More Willing to Accept a Risk If They

question 2

Multiple Choice

Typically,people are more willing to accept a risk if they perceive that the potential benefit to be obtained is

• A)greater than the risk involved.
• B)equal to the risk involved.
• C)less than the risk involved.
• D)typically,people are not willing to accept risk no matter how great the benefit may be.

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Definitions:

Cash Cycle

The period of time it takes for a company to turn its inventory into cash flows from sales, encompassing the time frames of purchasing inventory, selling products, and collecting revenue from customers.

Accounts Receivable

Funds that customers owe to a company for products or services received but not yet compensated for.

Accounts Payable

Money owed by a company to its creditors for goods and services received but not yet paid for.

Operating Cycle

The period of time it takes for a company to purchase inventory, sell products, and collect cash from customers, indicating the efficiency of a business's operations.