Prior to Completing the Financing Arrangements Needed to Fund the Purchase

Prior to completing the financing arrangements needed to fund the purchase of an IT consulting firm,Albert Brinkman met several times with his bank and his accountant to review the terms of the bank's financing offer against the business's financial statements.Which of the following correctly identifies and matches this activity with its corresponding step in the risk management process?

A) avoiding the possibility of loss; first step
B) transferring legal risk; fourth step
C) evaluating severity of potential loss; third step
D) assessing risk in business decisions; first step