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Varvara68 [4.7K]
3 years ago
14

A manufacturing firm identified that it would have difficulty sourcing raw materials locally, so it decided to relocate its prod

uction facilities. According to COSO, this decision represents which of the following responses to the risk?
A. Prospect theory.
B. Risk acceptance.
C. Risk sharing.
D. Risk reduction
Business
1 answer:
belka [17]3 years ago
4 0

Answer:

D. Risk reduction

Explanation:

Based on the information provided within the question it can be said that this decision represents risk reduction. This refers to the actions of a company done in order to reduce the risk that they are exposed to in order to prevent financial losses. Which is what COSO is doing by relocating in order to prevent problems when sourcing raw materials, which would cause financial losses.

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Answer:

105

Explanation:

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3 years ago
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Answer:

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          -Hope you get it right on whatever your gonna use this on-

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