Final answer:
The statement that risks can be found in areas such as hardware, contracts, political concerns, project plans, scope, and budgets/funding is True. The identification of these risks is critical to successful project management and business operations.
Step-by-step explanation:
Risks in businesses and projects can indeed be found in various areas such as hardware, contracts, political concerns, project plans, scope, and budgets/funding. Each of these areas can contain uncertainties or unforeseen events that might affect the outcome of a project or business operation. Therefore, the statement that risks can be found in hardware, contracts, political concerns, project plan, scope, budgets/funding is True.