What is the most significant risk related to long-term assets?
A)Managers will NOT use the assets to satisfy the customers.
B)Someone will steal or misappropriate the assets.
C)They will NOT be paid for on time.
D)They will NOT be sold before they get old.

Question

What is the most significant risk related to long-term assets?
A)Managers will NOT  use the assets to satisfy the customers.
B)Someone will steal or misappropriate the assets.
C)They will NOT  be paid for on time.
D)They will NOT be sold before they get old.

Quizplus · Accepted Answer

The risk of theft or misappropriation of long-term assets is the most significant because it can result in significant financial loss and disruption of business operations. It is important for companies to have proper security measures in place to prevent theft and to regularly monitor the use and condition of their long-term assets. The other options listed may also pose risks, but they are not as significant or immediate.

What Is the Most Significant Risk Related to Long-Term Assets