Financial Accounting MCQS - QUESTION DETAILS

What risk management activity involves creating plans to respond to and recover from unexpected events or crises?
A. Crisis Management
B. Risk Control
C. Risk Monitoring
D. Business Continuity

Crisis Management involves creating plans to respond to and recover from unexpected events.

Similar Questions

Which tax is imposed on the consumption of specific goods and services, often at a percentage of the purchase price?






What financial metric assesses the efficiency of a company in generating profit from its assets?






What area of managerial accounting focuses on assigning costs to various activities and processes within an organization?






What financial metric represents the percentage of each sales dollar that represents profit after all expenses are deducted?






What is the financial strategy of generating income by renting out property or space?






What type of market involves the trading of government securities, such as Treasury bonds and Treasury notes?






What financial metric measures the percentage of profit a company generates from its shareholders' equity?






What term refers to the process of spreading investments across different asset classes to reduce risk?






In financial management, what decision involves determining the optimal level of debt for a company?






What aspect of personal finance involves strategically managing and reducing outstanding student loans?