Which one of the following is a step used in assessing whether a particular investment should be made or not?
A) Determine the number of employees a company has.
B) Obtain an understanding of the company and its industry.
C) Determine the number of years the company has been in business.
D) Calculate the amount of advertising costs incurred by the company during the previous year.

Question

Quizplus · Accepted Answer

Obtaining an understanding of the company and its industry is crucial for assessing an investment, as it helps evaluate the potential risks and returns associated with the investment.

Which One of the Following Is a Step Used in Assessing