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3 years ago

a _____ is a proactive effort to anticipate a risk and describe an action plan to deal with it.

Business

1 answer:

Elis [28]3 years ago

3 0

Answer:

b. risk management plan

Explanation:

this is true by definition, risk management involved forecasting risks, and laying out ways on how to manage them

risk response plan is on how to reduce existing risks
risk identification is to identify the risks of any open project
risk balance plan is an analysis on how to maintain a balance on keeping safe and taking risks for greater benefit

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Sunland Company has the following account balances: Sales Revenue $226,700, Sales Discounts $4,410, Cost of Goods Sold $129,600,

Kaylis [27]

Answer and Explanation:

The Journal entry is shown below:-

1. Sales revenue Dr, $226,700

To Income revenue $226,700

(Being close accounts with credit income balances is recorded)

2. Income revenue Dr, $134,010

To Sales discount $4,410

To Cost of goods sold $129,600

(Being close accounts with debit expenses account is recorded)

8 0

3 years ago

Since a cell phone is a private good, if Neha chooses to spend $300 on a cell phone, Neha would get $300 of benefit from the cel

stiks02 [169]

Answer:

In other words, if Neha decides to keep the $300 for a cell phone and Teresa decides to contribute the $300 to the public project, then Neha would receive a total benefit of:

$570.

Explanation:

Neha has, in this situation, maximized his benefits to the detriment of the public good. This is an illustration of the tragedy of the commons. The tragedy of the common is an economic problem that explains the loss that the society incurs when some persons like Neha neglect to contribute to the common good because they are solely concentrated on pursuing their individual goals for personal gains.

4 0

2 years ago

Following is information on an investment considered by Hudson Co. Assume the investment has a salvage value of $20,000. The com

zalisa [80]

Answer:

net present value is

$228,652.29-$200,000.00

=$28,652.29.

Explanation:

Net cashflows

Year 1= 100000

Year 2= 90000

Year 3= 95000 (75000+ 20000)

Totals= 285000

Present value at 12%

Formula for present value=

1/(1+r)^n

where r= interest rate

n= number of years

Year 1=1/(1+0.12)^1 =0.8929

Year 2=1/(1+0.12)^2= 0.7972

Year 3=1/(1+0.12)^3 =0.7118

Present value of net cash flows =

Present value × net cash flows.

Year 1= 0.8929 × 100000= $89,285.71

Year 2=0.7972 ×90000= $71,747.45

Year 3=0.7118×95000= $67,619.12

Totals = $228,652.29

Amount invested= $(200,000.00)

Net present value (NPV) is referred to as the difference between the present value of cash inflows and the present value of cash outflows over a period of time. Net Present Value is used in capital budgeting and investment planning to analyze the profitability of a projected investment or project.

Therefore, net present value is

$228,652.29-$200,000.00

=$28,652.29.

7 0

3 years ago

Albinson Company paid $96,000 for a two-year insurance policy on October 1 and recorded the $96,000 as a debit to Prepaid Insura

FromTheMoon [43]

Answer:

Debit Insurance expense $12,000

Credit Prepaid Insurance $12,000

Explanation:

When insurance is paid in advance, the entries required are

Debit Prepaid Insurance

Credit Cash account

As time elapses and the insurance expires,

Debit Insurance expense

Credit Prepaid Insurance

Monthly insurance expense

= 1/24 * $96,000

= $4,000

Between October 1 and December 31 is 3 months

Total insurance expense = 3 * $4,000

= $12,000

7 0

3 years ago

A developer builds 100 new homes next to an old grocery store. Which would most certainly result? cross out A) The price of the

kifflom [539]

Answer:

Explanation:

As more consumers move in, the demand curve for the store's products would increase (shift to the right) as it is influenced by factors other than price.

While option A could be an eventual outcome, it would only follow an increase in Demand. Note that a change in price would result in movement along the curve.

There is not sufficient information to support Option C

Option D is wrong because higher demand would result in higher revenues, assuming all else remains constant.

3 0

3 years ago

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​a _____ is a proactive effort to anticipate a risk and describe an action plan to deal with it.

a _____ is a proactive effort to anticipate a risk and describe an action plan to deal with it.