________ Is Not a Suggested Risk Management Method

question 125

Multiple Choice

________ is not a suggested risk management method.

• A) Avoiding risks
• B) Ignoring risks
• C) Accepting risks
• D) Insuring against risks

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Definitions:

Budgeting

Drafting a blueprint for budgeting your resources, specifying a company's fiscal and operational targets.

Planning Budget

A budget prepared for a particular level of activity that estimates revenues, expenses, and resources over a period.

Administrative Expenses

Costs related to the general operation of a business, such as salaries of executive officers, legal and accounting fees.

Tenant-days

A metric used to measure the total number of days all tenants occupy a rental property within a specified period.