Which of the Following Questions Would Contingency Planning Be Most

question 46

Multiple Choice

Which of the following questions would contingency planning be most likely to address?

• A) What is the best source of funds for our new production facility?
• B) How should we respond if the government hits our company with some tough new environmental regulations?
• C) What is the best promotional mix for the new products we will be introducing next year?
• D) When should we break ground on the new warehouse?

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Definitions:

Minority Ownership

A holding of less than 50% of the voting shares in a company, which does not provide control over the company's operations.

Corporate Investor

An entity, typically a company, that invests its resources in other companies, either to gain strategic advantages or financial returns.

IFRS

International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to standardize financial reporting globally.

GAAP

Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction, particularly in the United States.