____ includes taking action to prevent or minimize the likelihood of occurrence or the impact of such unfavorable events

a. Managing risk
b. Taking chances
c. Identifying the trigger point
d. Naming the person responsible for the risk response plan


a

Business

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Assets that are expected to be used for more than one year in the operation of a business are classified as ____________________

Fill in the blank(s) with correct word

Business

For many firms, the liability for the underfunded health care obligation exceeds the liability for underfunded pensions

Indicate whether the statement is true or false

Business

The highest compensation for salespeople generally goes to those focusing on transactional sales

Indicate whether the statement is true or false

Business

The first-in first-out inventory method assumes that the newest purchases will be the first sold

Indicate whether the statement is true or false

Business