Risks Related to a Company's Business Units or Functions Are

question 27

Multiple Choice

Risks related to a company's business units or functions are:

• A) activity-level risks.
• B) external risks.
• C) entity-level risks.
• D) critical risks.

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Definitions:

Capital Contributions

The funds or assets initially invested in a business or partnership by its owners or partners.

Ratio

A relationship in numbers expressing the frequency with which one value encompasses or is encompassed by another.

Lowest Terms

The simplest form of a fraction when both the numerator and denominator cannot be any smaller while still being whole numbers.

Ratio

An arithmetic ratio that illustrates the frequency with which one number incorporates another, depicting how many times one value is contained within another.