Rather than storing all of its finished goods in a single location, Davis Company divides the finished goods between two warehouses. This simple risk control technique which is designed to limit losses should a warehouse fire occur is called

A) duplication.
B) risk transfer.
C) separation.
D) loss prevention.

Answer: C

Business

You might also like to view...

In addition to performing arithmetic functions on data, the arithmetic-logic unit is also capable of comparing the size of data

Indicate whether the statement is true or false.

Business

In specialized international lending activity, firms may engage in ________, where they buy foreign accounts receivable at a discount from face value

A) factoring B) lading C) documentary collecting D) financial drafting

Business