In _____, the Organization Takes Concrete Actions Against Risks

question 22

Multiple Choice

In _____, the organization takes concrete actions against risks.

• A) risk management
• B) risk analysis
• C) risk mitigation
• D) risk acceptance
• E) risk transference

---

Definitions:

Allocation Base

A criterion or standard used to distribute overhead costs among various products, services, or departments within a business.

Departmental Overhead Rate

The rate at which indirect costs are allocated to products or services based on department-specific activities.

Direct Labor Hours

The total hours worked by employees that can be directly attributed to the production of goods or services.

Mixing Department

A segment in the manufacturing process where various ingredients or components are combined to produce a final product.