A Risk Factor Is a Variable That ____

question 26

Multiple Choice

 A risk factor is a variable that ____.

• A) follows a negative outcome
• B) increases the likelihood that a negative outcome will occur
• C) indicates positive outcomes
• D) decreases the likelihood that negative outcome will occur

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Definitions:

Financial Statements

Documents that provide an overview of a company's financial condition in both short and long term, including balance sheet, income statement, and cash flow statement.

Depreciable Asset

An asset that loses value over time due to wear and tear or obsolescence and can have its cost spread out over its useful life for accounting purposes.

Proceeds

The amount of money received from a transaction, sale, or event.

Gain

The increase in the economic value or benefit that an entity receives, usually from the sale of assets or from other transactions exceeding the costs or expenses associated with it.