Author Question: Which of following is NOT a step that should be taken to minimize risk associated with long-term ... (Read 61 times)

mwit1967 · **on:** Jul 5, 2018

Which of following is NOT a step that should be taken to minimize risk associated with long-term debt? A company should ________.

A) conduct a thorough business analysis when a decision is made to borrow money
B) evaluate the characteristics of the various types of debt
C) make sure that there is a high probability of positive financial leverage
D) maximize its debt-to-equity ratio

Question 2

A necessary element of internal control is
a. database
b. systems design
c. systems analysis
d. information and communication