_____ Is an Uncertain Event That, If It Occurs, Has

question 30

Multiple Choice

_____ is an uncertain event that, if it occurs, has a positive or negative effect on project objectives.

• A) Risk management
• B) Risk response
• C) Project risk
• D) Risk plan
• E) Risk control

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Definitions:

Current Asset

A slightly different term for assets likely to be used or turned into cash within one fiscal year or operating cycle, emphasizing liquidity.

Land

An asset representing the earth's surface that a company owns, used for operations, development, or investment.

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price, reflecting a company's ability to meet short-term obligations.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's normal operating cycle.