1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tom [10]
1 year ago
9

Funds that are identified for specific work packages and cover risks that have a low probability of occurring are called _______

__ reserves.
Business
1 answer:
Lostsunrise [7]1 year ago
6 0

Funds that are identified for specific work packages and cover risks that have a low probability of occurring are called Contingency reserves.

<h3>What is Contingency Reserve?</h3>

A contingency reserve is retained earnings that have been set aside to guard against possible future losses. A contingency reserve is needed in situations where a business occasionally suffers significant losses, and needs reserves to offset those losses.

In other word, Contingency reserve is defined as an amount set aside to cater for unforeseen circumstances by a firm. It is a surplus amount taken from profit of an organization. Here, certain funds are earmarked out of the profit made by a firm, indicating a reservation against a specific or general contingency.

Hence, funds that are for identified risks that have a low probability of occurring and that decrease as the project progresses are called contingency reserves.

Therefore, we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

Funds that are for identified for specific work packages and cover risks that have a low probability of occurring and that decrease as the project progresses are called ______ reserves.

A. Contingency

B. Management

C. Unidentified Risk

D. Just in Case

E. Padded

Learn more about Contingency Reserves on:

brainly.com/question/14531831

#SPJ4

You might be interested in
Each of these items must be considered in preparing a statement of cash flows for Pharoah Company. for the year ended December 3
zavuch27 [327]

Answer:

wasdwasdwaasdwasdwasdw 2wee2 1231 dsfdsf 324243

Explanation:

3 0
3 years ago
According to the "adapting to change" box, which professional is best able to detect the financial irregularities that often acc
lutik1710 [3]

According to the "adapting to change" box, the professional that is best able to detect the financial irregularities that often accompany fraud in an organization is Control process.

<h3>What is control process?</h3>

Controlling involves assessing the performance of a company and modifying the financial performance.

This is done for credibility and to meet the company's objectives, goals and plans.

Control process serves as yardstick to which the goal of business or company is achieved. Managers of company engage in control process.

Therefore, According to the "adapting to change" box, The professional that is best able to detect the financial irregularities that often accompany fraud in an organization is Control process.

Learn more on control process below

brainly.com/question/3477082

#SPJ1

7 0
1 year ago
What is Nick causing? Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in
gregori [183]
<span>Nick is causing pollution specifically water pollution. Since he is contaminating the community lake. This kind of environmental deprivation happens when pollutants are straight or meanderingly discharged into water forms lacking passable treatment to eliminate harmful composites. This can damage the animals existing by the lake, and the people breathing the air.</span>
3 0
3 years ago
Read 2 more answers
Is also known as oral administration.
TiliK225 [7]

Answer:

D. Ingestion

Explanation:

Absorption seems like something you would get through the skin. Injection it gets put into your body by a needle. Inhalation is through the nose. Ingestion you swallow.

8 0
3 years ago
An investor is considering buying a restaurant that has been in operation for a number of years. The restaurant has a highly reg
Lemur [1.5K]

Answer:

B.

Explanation:

The investor should consider that they may find that the restaurant's financial statements undervalue the true value of its resources. If this were to be the case then the investor would have made a lot of money since they would have paid face value for the restaurant when in actuality it was massively undervalued and is worth a lot more, meaning he would make a large profit on his investment from the beginning.

8 0
3 years ago
Other questions:
  • W2 Corp. needs capital to finance a new product line. It borrows money in the form of long-term bonds underwritten by an investm
    12·1 answer
  • The use of a test for firefighters that requires candidates to carry a 100 pound sack down a ladder could result in certain grou
    12·2 answers
  • Which statement is TRUE regarding Super Display Book? Super Display Book is an automated trade execution system for:
    5·1 answer
  • Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has dec
    8·1 answer
  • Valerie contracts with Esteban, who agrees to build a stone retaining wall and drain on her property. The wall and drain are nec
    7·1 answer
  • Efficiency is:
    12·1 answer
  • K-Too Everwear corporation can manufacture mountain climbing shoes for $35.85 per pair in variable raw material costs and $26.45
    14·1 answer
  • Để giảm thiểu tỷ lệ thất bại của các sản phẩm hay dịch vụ, các công ty nên
    13·1 answer
  • Burke Company purchases land for $100,000 cash. Burke assumes $2,500 in delinquent property taxes due on the land as part of the
    13·1 answer
  • The economy is in long-run equilibrium. Technological change shifts the long-run aggregate supply curve $120 billion to the righ
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!