Risk Management process includes A. Risk Identification B. Risk Analysis C. Risk Assessment D. Risk handling

a	B, C & D
b	A, C & D
c	A, B, C & D
d	A, B & C

Question 2

Gain or loss on disposal of an asset is the difference between the sale price of an asset and the A. cost or valuation less accumulated depreciation up to the date of disposal B. cost of that asset C. cost of the asset less depreciation up to the end of the year in which disposal took place D. cost or valuation less depreciation up to the beginning of the year in which disposal took place

a	cost of that asset
b	cost or valuation less depreciation up to the beginning of the year in which disposal took place
c	cost of the asset less depreciation up to the end of the year in which disposal took place
d	cost or valuation less accumulated depreciation up to the date of disposal

Question 3

Which risk arises when the company does not have the regulatory authority to engage in a transaction: A. Operational Risk B. Financial Risk C. Reputation Risk D. Legal Risk

a	Only B
b	Only A & B
c	Only D
d	Only A & C

Question 4

Management of Warren Company, a construction firm, decided not to take on environmental remediation projects. This is an example of: A Risk Avoidance. B Risk Acceptance. C Risk Reduction. D Risk Sharing.

a	Only B & C
b	A, B, C & D
c	Only A & B
d	Only A