Substituting EBITDA for EBIT when computing the times interest earned ratio will make the company appear

In theory, _____ is a scientific process leading to an objective, quantitative measure of the risks posed by a substance.

a) contingent valuation b) risk assessment c) risk management d) cost-benefit analysis

All of the following statements about risk in decision making are correct EXCEPT

A) all business decisions incorporate an element of risk. B) decision makers frequently measure risk and uncertainty incorrectly. C) methodologies are available for handling extreme uncertainty. D) most decision makers are pessimistic about decision outcomes.