If the Risk of a Negative Outcome Is Slight,the BEST

question 66

Multiple Choice

If the risk of a negative outcome is slight,the BEST course of action might be to:

• A)Minimize it.
• B)Share it.
• C)Transfer it.
• D)Accept it.

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Definitions:

Tax Reports

Documents prepared for the government that detail an entity's income, expenses, and other tax-related information for fiscal purposes.

Profit Reports

Financial documents that summarize the revenue, expenses, and profits of a business within a specific period.

Product Line

A group of related products manufactured or sold by a company, often differentiated by function, target market, or price range.

Service Business

A commercial enterprise that provides professional, skilled, or other intangible services rather than goods.