Dale Is an Employee of Big State University Who Also

question 51

Multiple Choice

Dale is an employee of Big State University who also does some independent consulting to supplement income.Because consulting engagements are infrequent, Dale has not purchased insurance for the company.If Dale requires consulting clients to pay in cash, which of the following risk exposures is most serious?

• A)Directors' and officers' liability risk
• B)Systems risk
• C)Credit risk
• D)Consulting risk

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Definitions:

Factoring

The process of breaking down an expression into a product of simpler elements or factors.

Square Inches

Square inches are units of area measurement equal to the area of a square with sides one inch in length.

Base

The number that is repeatedly multiplied by itself when raised to an exponent, or the bottom side of a geometric figure.

Simplify

The process of altering an expression or equation to make it easier to understand or solve, usually by combining like terms or removing parentheses.