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Which of the Following Definitions Best Describes a Contingency

Question 32

Multiple Choice

Which of the following definitions best describes a contingency?


A) It is an event occurred in the past which resulted in heavy profits for the company.
B) It is an event due to which a company identifies its competitive advantage.
C) It is an event that might occur and must be planned for.
D) It is an event occurred in the past which resulted in heavy loss for the company.

Correct Answer:

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