126 Which of the following risks are generally considered unpredictable:A. business riskB. financial riskC. inflationD. natural hazardsE. taxes

Which of the following risks are generally considered unpredictable:

A business risk

B financial risk

C inflation

D natural hazards

E taxes

44 Which of the following risks are generally considered unpredictable:

A. business risk

B. financial risk

C. inflation

D. natural hazards

E. taxes

Risks include the following types:

A Business risk

B pure risk

C Insurable risk

D A and B

E All of the above.

15 Risks include the following types:

A. Business risk

B. pure risk

C. Insurable risk

D. A and B

E. All of the above

126 Which of the following is considered a method of accelerated depreciation:

A. sum-of-the-years digit

B. straight-line

C. double-declining-balance

D. A and C

E. All of the above

28 The Pareto Principle is a technique used to determine which quality control problems in a particular process should be corrected. Which of the following statements best represents the philosophy employed by this principle?

A. In order to minimize financial losses from quality control problems, all problems which have a measureable cost should be corrected

B. the majority of defects are caused by a small percentage of the identifiable problems. Improvement efforts should be reserved for these vital problems. C. in order to achieve zero defects, all quality control problems, including those which do not have a direct financial cost should be corrected.

D. generally, 80% of the quality control problems are justifiable for correction via cost-benefit analysis. The remaining 20% are not financially worthy of improvement efforts.

E. A and D

163 Many companies self insure against some risk. Problems which can arise from self-insurance include:

A. failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

B. stiff competition from insurance companies

C. confusion of business risks with insurable risks.

D. A and C

E. All of the above

Many companies self insure against some risk. Problems which can arise from self-insurance include:

A failure to reserve funds to handle worst case scenarios (low probability events) resulting in severe financial damage to the company

B stiff competition from insurance companies

C confusion of business risks with insurable risks.

D A and C

E All of the above.

11 The risk of accepting a lot of poor quality, in acceptance sampling, is referred to as:

A. buyer's risk

B. consumer's risk

C. producer's risk

D. type I error

E. B and D only

A. coins

B. bank checking accounts

C. postage stamps

D. Petty cash funds