In Which of the Following Occupations Is a High Risk-Taking

question 68

Multiple Choice

In which of the following occupations is a high risk-taking personality more suited?

• A)accountant performing auditing activities
• B)stock trader in a brokerage firm
• C)computer systems expert working in security
• D)marketing representative selling pharmaceuticals
• E)retail sales, men's clothing

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Definitions:

Period Cost

Period costs are expenses that are not directly tied to the production process and are expensed in the period they are incurred, such as administrative and selling expenses.

VP of Sales

A top executive responsible for leading the sales department, developing sales strategies, and driving revenue growth for an organization.

Overhead Allocated

The portion of indirect costs assigned to a specific project or production process, often based on predetermined rates or actual expenses.

Period Costs

Expenses that are not directly tied to the production of goods and are expensed in the period they are incurred.