Which of the Following Is NOT a Key Factor in a Risk

question 189

Multiple Choice

Which of the following is NOT a key factor in a risk assessment?

• A)risk
• B)need
• C)responsivity
• D)necessity

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Definitions:

Days' Sales

Often part of larger financial metrics, this term by itself is unclear without additional context such as Days' Sales Outstanding (DSO).

Ending Inventory

The final value of goods available for sale at the end of an accounting period, calculated before the start of a new period.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly involved in creating the product.

Total Assets

The sum of all current and non-current assets owned by a business, indicating its total resources.