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NEW QUESTION: 1
What is the MAIN purpose of designing risk management programs?
A. To reduce the risk to a level that the enterprise is willing to accept
B. To reduce the risk to a level that is too small to be measurable
C. To reduce the risk to the point at which the benefit exceeds the expense
Risk cannot be removed completely from the enterprise; it can only be reduced to a level that an
organization is willing to accept. Risk management programs are hence designed to accomplish
the task of reducing risks.
E. is incorrect. Reducing risk to a level too small to measure is not practical and is often
F. is incorrect. Depending on the risk preference of an enterprise, it may or may not
choose to pursue risk mitigation to the point at which benefit equals or exceeds the expense.
Hence this is not the primary objective of designing the risk management program.
G. To reduce the risk to a rate of return that equals the current cost of capital
is incorrect. Reducing risks to a specific return ignores the qualitative aspects of the risk
which should also be considered.
NEW QUESTION: 2
The ABC organics company needs a simple program that their call center will use to enter survey data for a new coffee variety.
The program must accept input and return the average rating based on a five-star scale.
The output must be rounded to two decimal places.
You need to complete the code to meet the requirements.
How should you complete the code? To answer, select the appropriate code segments in the answer area.
NOTE: Each correct selection is worth one point.