Oversight Activities Include ________

question 9

Multiple Choice

Oversight activities include ________.

• A) vulnerability testing
• B) creating guidelines
• C) both A and B
• D) neither A nor B

---

Definitions:

Purchases

Refers to the buying of goods and services by a business for use or sale.

Gross Profit

The financial metric representing the difference between revenues and the cost of goods sold, before deducting administrative and other expenses.

Operating Expenses

Expenses incurred through normal business operations, excluding costs related to production or manufacturing.

Cost of Goods Sold

Financial outlays directly incurred during the production of goods a company retails, involving material and labor.