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3 years ago

Increasing the amount of insurance coverage on your vehicle is part of which phase of risk management?

Business

1 answer:

KATRIN_1 [288]3 years ago

8 0

The phase of Identifying risks is when we increase the amount of insurance coverage on one's vehicle.

<h3>What is a Risk Management?</h3>

A Risk Management refers to the identification, analysis and response to risk factors that affects a business, entity etc

Thus, the increasing of the amount of insurance coverage is in the phase of Identifying risks because the its leads to coverage of identified additional risk on the vehicle.

Therefore, the Option D is correct.

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Both the inventory conversion period and payables deferral period use the average daily COGS in their denominators, whereas the

il63 [147K]

Answer:

Explanation:

In business accounting, the inventory conversion period / payables deferral period and average collection period use different inputs due to the fact that Inventory and accounts payable are carried at cost on the balance sheet, whereas accounts receivable are recorded at the price at which goods are sold. Therefore the accounts receivable (average collection period) are attached and dependent on the specific/changing price of the goods sold.

7 0

3 years ago

When you begin working, you will most likely be both a _____ and a _____ in a market economy.

laila [671]

Producer & Consumer should be the correct answer

6 0

4 years ago

Read 2 more answers

Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 14,000 Selling price per unit $ 16

DanielleElmas [232]

Answer:

Results are below.

Explanation:

First, we need to calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 12,000 + 87,000 - 23,000

COGS= $76,000

Traditional format income statement:

Sales= 14,000*16= 224,000

COGS= (76,000)

Gross profit= 148,000

Total selling expense= (20,000 + 14,000*1)= (34,000)

Total administrative expense= (13,000 + 14,000*1)= (27,000)

Net operating income= 87,000

Contribution format income statement:

Sales= 14,000*16= 224,000

Total variable cost= (76,000 + 14,000 + 14,000)= (104,000)

Contribution margin= 120,000

Total fixed selling expense= (20,000)

Total fixed administrative expense= (13,000)

Net operating income= 87,000

5 0

3 years ago

Rochelle, the CEO of a Fortune 500 company, met with business leaders fromthe local community. Afterwards, she spent time inform

snow_lady [41]

Option D

leadership figurehead managerial role was Rochelle playing

Explanation:

Figurehead belongs to a character with meaningless leadership of industry but no exact power. The word figurehead is a personality with the trappings of control but not its practice.

Figurehead – As an administrator, have convivial, ritual and constitutional duties. That personality is presumed to be an origin of notion. Characters view to that one as a character with power, and as a figurehead. Figureheads steward their trios. If one requires to change or create trust in this section, begin with perception, performance, and reliability.

7 0

3 years ago

Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:

allochka39001 [22]

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

4 0

3 years ago