ACC 202 Principles of Accounting 2 Ball State University
ACC 202 Principles of Accounting 2 Ball State University
15th Edition
ISBN: 9781308193977
Author: Noreen, Brewer Garrison
Publisher: MCG/CREATE
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Chapter 1, Problem 10Q
To determine

Risk: is a situation where the positive results are not same if we compare the actual desired outcome with expected outcome. It may be at downside or upside direction. Now-a-days companies are more concerned about the huge losses and bankruptcies.

To identify − Risk is important part of the business which can affect its entire life cycle.

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