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Match the Definition with Its Term

question 82

Multiple Choice

Match the definition with its term
-A procedure that scientists carry out to study phenomenon


Definitions:

Incremental

Describing something as increasing or adding on, often in small or gradual steps.

Risk Analysis

The process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events.

Financial Option

A contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specified date.

Fixed Price

A set price that does not change over time, typically in contract agreements for goods or services, offering predictability in costs.

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