Accounts receivable financing might include

Select one:

a.

pledging receivables and factoring.

b.

loaning money against receivables and aging accounts receivable.

c.

providing cash discounts and charging interest on delinquent accounts.

d.

aging accounts receivable and using the most effective methods for collecting overdue accounts.

Risk, as stated in the textbook, is

Select one:

a.

a chance all entrepreneurs take.

b.

a probability that adverse conditions will result.

c.

a possibility of suffering harm or loss.

d.

usually avoidable.

A risk management program requires all of the following except

Select one:

a.

identification of risks.

b.

evaluation of risks.

c.

controlling risks.

d.

assessment of industry risk standards.