Ben is concerned that if he injures someone or damages someone's property he could be held legally responsible and required to pay damages. This type of risk is called a
A) speculative risk.
B) liability risk.
C) nondiversifiable risk.
D) property risk.
Answer: B
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Why might a firm want to use green packaging? Describe one type of green packaging in your answer
What will be an ideal response?
Which tests must a company use to determine which operating segments require separate disclosure?
A. Revenue test, asset test, and liability test. B. Revenue test, profit or loss test, and asset test. C. Revenue test and profit or loss test. D. Revenue test and asset test. E. Profit or loss test and asset test.
The decision-making approach that focuses on factors that will change between alternatives is sometimes called all of the following except:
A. actual costing. B. incremental analysis. C. relevant costing. D. differential analysis.
For a firm such as Nordstrom that has no manufacturing operations, value is added by developing expertise in the procurement of finished goods and by displaying them in its stores in a way that enhances sales. In the value chain, procurement activities become the primary activity. This begins with ________ and ends with ________.
A. partnering with vendors; marketing and selling B. purchasing goods; operating stores C. partnering with vendors; operating stores D. managing and distributing inventory; marketing and selling