Post Utme Joseph Ayo Babalola University 2023 Commerce Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2023 Commerce Objective / Multiple Choice
Question 16 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • COMMERCE • objective

A risk management expert is analyzing the risks associated with a company's operations. The expert identifies two main risks: operational risk and financial risk. Which of the following is a strategy for mitigating operational risk?

Answer Options

A. Implement a robust financial management system
B. Develop a comprehensive risk management plan
Correct Answer C. Establish a strong internal control system
D. Increase the company's capital base
Correct Answer
C
Correct Option:
Establish a strong internal control system

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Commerce Question 16. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Commerce examination.

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