_____ involves shifting the consequence of a risk and responsibility for its management to a third party
a. Risk avoidance b. Risk acceptance
c. Risk transference d. Risk mitigation
c
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Select the incorrect statement about budgeting committees.
A. Budget committees usually have responsibility for the coordination of budgeting activities. B. Membership on the budget committee is restricted most often to accountants because the budget involves numbers. C. The budget committee is responsible for settling disputes between various departments over budget matters. D. One of the responsibilities of the budget committee is to monitor the organization's progress toward achieving its budget standards.
Face-saving serves the purpose of which of the following?
A. the initiation of anger B. creating a surprise C. adding to disgust D. the preservation of dignity
___________________________________ (EFT) is the electronic transfer of funds by any electronic means.
Fill in the blank(s) with the appropriate word(s).
Minors are liable for the contract price of any necessaries of life for which they contract
Indicate whether the statement is true or false