Answer:
The production range between 1120,000 and 150,000 is called Relevant range
correct option is c) relevant range
Explanation:
given data
normally produces = 120,000 to 150,000 units
to find out
The production range between 1120,000 and 150,000 is called
solution
The production range between 1120,000 and 150,000 is called Relevant range because there are 2 point
- if Craft, Inc. need to reduce fixed expenses then production volume is reduce less than 120000 unit
- if Craft, Inc. need to increase fixed expenses than production volume is increases more than 150000 unit
and if expected fixed expenses will not change than the production volume is 120000 units to 150000 units
so that production range between 1120,000 and 150,000 is called Relevant range
correct option is c) relevant range
Answer: Option C - Assets are Overstated; No effects on liabilities: Equity is Overstated
Explanation:
When Bad debts are recorded, they will reduce the Accounts Receivable account because less money will be expected from debtors. Accounts Receivable is an asset account so it will be Overstated if bad debts are not recorded.
Equity will also be overstated because bad debts is an expense that is sent to the Income statement. If this expense is not deducted, the net income will be larger than it should be and when added to Equity it will overstate it.
Answer:
D. secured loan
Explanation:
"A secured loan is a loan backed by collateral"
[A. unsecured loan is a loan that doesn't require any type of collateral.]
[B. credit card ...no]
[C. property loan is a secured loan that is sanctioned keeping an asset as mortgage with the lender.]
[D. secured loan is a loan that is backed by collateral]
Answer:
D)reducing its need to be self-sufficient,
Explanation:
Specialisation by a country's economy means that it produces only the specialised goods & even export it, import the other goods.
It decreases opportunity costs, decreases cost of voluntary exchanges. Higher level of specialisation implies there is increased labor force division.
However, it reduces need of country to be self sufficient. As, it can gainfully trade its specialised goods for other goods (in which other economy specialises).
Answer with Explanation:
To transform the risk management and promote the transformation process, Akawini must:
- Implement Corporate Governance policies and enforce compliance with these guidelines.
- Consistent Internal Control Reviews by conducting internal audits.
- Compliance with the Sarbanes Oxley Act and Foreign Corrupt Practice Act will enable the risk management team to consider a wider aspect of its operation which includes domestic and foreign export policies enforcement.
- Continuous Professional Development and advanced training will help them to act very efficiently and effectively minimize the level of risk the company is facing.
The progress is the process of movement towards achievement of goals and performance is the better movement towards achievement of goals.
To measurements that can be used to monitor progress and performance would be use of Key Performance Indicators and comparing the results with the actual results of company. This would help in understanding the under-performing areas and hurdles to progress. Some KPIs that the risk management team can consider are Value at risk reduced, risk threshold set, Risk to Rewards Ratio, etc.
Cost and Benefits of risk mitigation analysis will also be beneficial here because it helps the risk management team to consider the financial aspect of the decision making and thus helps in adding value to the business operation.
