Which Action Involves Allocating Ownership of the Risk to Another Party

question 45

Multiple Choice

 Which action involves allocating ownership of the risk to another party?

• A) risk exploitation
• B) risk sharing
• C) risk enhancement
• D) risk acceptance

Understand the function and advantages of specific computer components and peripherals.

Recognize the importance and role of both hardware and software in computing.

Distinguish between different types of scanners and their uses.

Comprehend the basics of computer hardware components including their main functions.

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Definitions:

Services

Intangible products offered to consumers, involving human or mechanical efforts to fulfill needs or wants.

Payback Method

A capital budgeting technique that calculates the time required to recoup the cost of an investment, focusing on cash flows rather than profitability or cost of capital.

Bias Towards Liquidity

A preference or inclination for holding or investing in liquid assets, usually due to concerns about future cash needs or market volatility.

Project Analysis

The process of evaluating the financial and operational implications of a proposed project or investment to determine its viability and expected returns.