Risk management is an on-going process, and is a combination of proactive management directed activities within a programme that are intended to accommodate the possibility of failures.
<u>Explanation:</u>
I would recommend Jamie Lee to use consolidating of her debt such as the credit card bills and taking personal loans only when she has a regular income and creditworthiness. She should also be able to payback her debts quickly and on time. If the interest rates offered by the company are lower for consolidated debt then she can choose this method to reduce her interest payments.
The debt management companies do not pay off her loans but they manage the funds through escrow account. On non payment it will result in diminishing personal credit score. Debt consolidation can be kept as the last resort when she is out of options to pay her debts.
If the Fed buys $1 million in U.S. government securities. The most the money supply can increase is: c. $50 million.
<h3>Money supply</h3>
Using this formula
Mioney supply=Government securities/Reserve ratio
Where:
Government securities=$1 million
Reserve ratio=2% or 0.02
Let plug in the formula
Money supply=$1 million/0.02
Money supply=$50 million (Increase)
Therefore the most the money supply can increase is: c. $50 million.
Learn more about money supply here:brainly.com/question/3625390
The answer is correct for which entry is required to record the payment for Secret Trails received payment in full within the credit period for horse boarding for $900 plus 6% sales tax. Terms of the sale were 2/10, n/30 is C. Debit Cash $936; debit Sales Discount $18; credit Accounts Receivable $954.
