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GaryK [48]
3 years ago
6

two main activities involved in risk management include identifying risks and assessing risks, which of the following activities

is part of the risk identification process. A. determining the likelihood that vulnerable system will be attacked by specific threats. B. Calculating the severity of risks to which assets are exposed in their current setting
Business
1 answer:
Umnica [9.8K]3 years ago
3 0

Answer:

A. determining the likelihood that vulnerable system will be attacked by specific threats.

Explanation:

When carrying out risk management, it is important to first identify the risks, and then to assess and prioritize the risks in order of likely occurrence, and the find ways to reduce them.

In the <u>risk identification stage, it is important to </u><u>determine what systems are vulnerable and how likely they are to be attacked by specific threats.</u>

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Answer:

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Payable days could be calculated as the ratio of accounts payable and cost of goods sold multiplied by number of days in a year. Accounts payable in the current year is $17 million and cost of goods sold amounted to $135 million.

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3 years ago
Information necessary to prepare the year-end adjusting entries appears below. Depreciation on the office equipment for the year
lisov135 [29]

Answer:

Journal entries

1.

Dr Depreciation expense 10,500

Cr Accumulated depreciation office equipment 10,500

2.

Dr Salaries and wages expense 1,000

Cr Salaries and wages payable1,000

3.

Dr Interest expense1,530

Cr Interest payable1,530

4.

Dr Interest receivable 1,400

Cr Interest revenue 1,400

5.

Dr Prepaid insurance 8,750

Cr Insurance expense 8,750

6.

Dr Supplies expense 380

Cr Supplies 380

7.

Dr Sales revenue 1,400

Cr Deferred revenue 1 400

8.

Dr Rent expense 700

Cr Prepaid rent 700

Explanation:

Calculation for Interest expense

($51,000 × 12% × 3/12) = $1,530

Calculation for Interest receivable ($21,000 × 8% × 10/12) = $1,400

Calculation for Prepaid insurance ($7,000 × 15/12) = $8,750

Calculation for Supplies expense ($1,000 − 620) = $380

4 0
4 years ago
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Firlakuza [10]

Answer:

the future value is $21,534.44

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

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The Interest rate is 7.5%

And, the number of the year is 5 years

Now put these values to the above formula

So, the future value is  

= $15,000 × (1 + 0.075)^5

= $21,534.44

Hence, the future value is $21,534.44

6 0
4 years ago
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