RISK ANALYSIS Definition

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RISK ANALYSIS is an analysis of the possibility of suffering loss.

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GMROI is an acronym for Gross Margin Return On Investment (retail).

AUTHORIZATION SCHEDULE is the guideline under which the subject activity is controlled and authorized. For example, expenditure spending may be controlled by amounts and the managerial level required authorizing or approving a preset trigger amount. As the amount increases over certain preset levels, higher managerial authority is required for approval.

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