Question
Which action is associated with risk acceptance? Abandon the activities that create the risk. Put controls in place to mitigate potential negative impact. Bind services
Which action is associated with risk acceptance?
Abandon the activities that create the risk.
Put controls in place to mitigate potential negative impact.
Bind services providers through contractual arrangements.
Establish contingency plans.
My answer to this is: Establish contingency plans.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
