Question: 37. A manufacturing firm identified that it would have difficulty sourcing raw materials locally, so it decided to relocate its production facilities. According to COSO,

37. A manufacturing firm identified that it would have difficulty sourcing raw materials locally, so it decided to relocate its production facilities. According to COSO, this decision represents which of the following responses to the risk?

a. Risk reduction.

b. Prospect theory.

c. Risk sharing.

d. Risk acceptance.

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