To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? check all that apply. ( )what can go wrong? ( )what are the alternatives? ( )how will it affect my status in society? ( )what is the likely return? ( )is the risk worth the return?

To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask?
What can go wrong? What are the alternatives? What is the likely return? Is the risk worth the return?
When assessing a situation where there could be risk to generate a return, make sure that all questions regarding the return vs the risk are asked. It is important to weigh out all options and make the best decision regarding the purchase. The four questions above are practical and important when assessing risk. 

The correct answer is  "b)  net income overstated, assets unaffected, liabilities understated, and owner's equity overstated."