Business Continuity Planning
<u>Explanation:</u>
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Business Continuity Planning (BCP) is the procedure engaged with making an arrangement of anticipation and recuperation from potential dangers to an organization. The arrangement guarantees that work force and resources are secured and can work rapidly in case of a catastrophe. The BCP is by and large imagined ahead of time and includes contribution from key partners and work force.
BCP includes characterizing all dangers that can influence the organization's activities, making it a significant piece of the association's hazard the executives methodology. Dangers may incorporate cataclysmic events—fire, flood, or climate related occasions—and digital assaults.
When the dangers are distinguished, the arrangement ought to likewise include:
- Deciding how those dangers will influence tasks
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Executing protections and strategies to relieve the dangers
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Testing systems to guarantee they work
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Auditing the procedure to ensure that it is modern
Answer:
B. Hypothesis
Explanation: A hypothesis is a term used in experiments or research to describe the a proposal that is made with little facts which shall be explained or proven or elaborated by the actual conduct of the experiment or research.
A HYPOTHESIS IS USUALLY STATED FOR IT TO ACT AS THE STARTING POINT OR REFERENCE FOR THE EXPERIMENT OR RESEARCH WHICH IS TO BE CONDUCTED.
Answer:
The Company
The Impact of Each Transaction on the Accounting Equation:
1. Assets (Cash + $7,000) = Liabilities + Equity (Retained Earnings + $7,000)
2. Assets (Accounts Receivable + $5,500) = Liabilities + Equity (Retained Earnings + $5,500)
3. Assets (Cash -$2,150) = Liabilities + Equity (Retained Earnings -$2,150)
4. Assets (Cash +$2,750 Accounts Receivable -$2,750) = Liabilities + Equity
5. Assets (Cash -$1,000) = Liabilities + Equity (Retained Earnings -$1,000)
Explanation:
The Company applies the accounting equation, which states that Assets = Liabilities + Equity. With each transaction, the accounting equation is demonstrated as shown above. This means that each transaction that is properly recorded affects the accounting equation in two ways. Note that the accounting equation is the basis for the double-entry system of financial accounting.
I would say planning and management.
Answer:B. are always completely flexible
Explanation:The classical theory proposes that all markets reequilibrate because of adjustments in prices and wages which are flexible. For instance, if an excess in the labor force or products exist, the wage or price of these will adjust to absorb the excess. If prices and wages are flexible, markets reequilibrate.
Wages are said to be flexible when they respond to changes in supply and demand and lead to the market clearing wage being set. It implies that the wage will be set by the Marginal Revenue Product of labour and marginal cost of labour. Any change in supply and demand for labour will lead to a change in the wage rate.
The importance of wage flexibility arises from the fact that, in most macroeconomic models, we find an inverse relationship between wages and employment.