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marishachu [46]
4 years ago
15

List and briefly describe the 6 major processes involved in risk management.

Business
1 answer:
Mekhanik [1.2K]4 years ago
8 0
<span>Identify the Risk
</span><span>Analyze the Risk
</span><span>Prioritize the Risk
</span><span>Assign an Owner to the Risk
</span><span>Respond to the Risk
</span><span>Monitor the Risk

</span>
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Problem 2-15 (Algorithmic) Life Insurance (LO 2.8) Sharon transfers to Russ a life insurance policy with a cash surrender value
skelet666 [1.2K]

Answer:

$38,440

Explanation:

Calculation to determine How much of the proceeds, if any, is taxable to Russ

Face value of policy $74,400

Less: Cash Surrender value ($24,800)

Less: Premium paid ($11,160)

Taxable Proceeds $38,440

Therefore the taxable Proceeds are $38,440.

6 0
3 years ago
In a small economy, consumption spending in 2009 is $6,000, government spending is $1,200, gross investment is $1,500, exports a
icang [17]

Answer:

the  gross domestic product is $9,700

Explanation:

The computation of the gross domestic product is shown below

= Consumption spending + government spending + gross investment + exports - imports

= $6,000 + $1,200 + $1,500 + $2,000 - $1,000

= $9,700

Hence, the  gross domestic product is $9,700

We simply applied the above formula so that the correct value could come

And, the same is to be considered

5 0
3 years ago
Harmony Company sells handminusknit scarves. Each scarf sells for $ 45. The company pays $ 70 to rent vending space for one day.
choli [55]

Answer:

2.12, rounded up to 3

Explanation:

To solve the equation, we first need to set up an equation.

Let x represent the number of scarves. We want one side of the equation to be the amount earned and the other to be the cost

45x is how much they earn since each scarf is $45

70+12x is how much they cost for rent and production

45x=70+12x

Subtract 12x from both sides

33x=70

Divide both sides by 33

x=2.12

It says we should round up so 3 scarves to break even

5 0
3 years ago
Should a business email contain a salutation?
harkovskaia [24]

Answer:

A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)

4 0
2 years ago
If $3000 is invested at 7% for 6 months, how much simple interest is earned?
Ronch [10]
First, you have to do $3000 times .07 (decimal form of 7%). That equals Assuming that the interest is 7% <em>each month,</em> your interest would be $210 a month. Then you would times that by 6 months. That would be $1260.
3 0
3 years ago
Read 2 more answers
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