Reducing Information Risk Means the Same as ________

question 6

Multiple Choice

Reducing information risk means the same as ________.

• A)serving the public interest
• B)monitoring economic activities
• C)improving the credibility of information
• D)ensuring generally accepted accounting principles are used to measure profit

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold in an open and competitive market.

Gross Profit Percentage

A financial ratio expressing gross profit as a percentage of revenue, indicating the efficiency of production or service delivery.

Net Profit Margin Percentage

This is a financial metric that represents the percentage of revenue that remains as profit after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from a company's total revenue.

Cost of Goods Sold Percentage

A ratio that compares the cost of goods sold to the total sales revenue, indicating the efficiency of production and pricing.