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gavmur [86]
3 years ago
6

When vulnerabilities have been controlled to the degree possible, there is often remaining risk that has not been completely rem

oved, shifted, or planned for and is called ___________.
Business
1 answer:
Varvara68 [4.7K]3 years ago
3 0

Answer:

Residual risk

Explanation:

Risk is generally defined as the likelihood that some harm can happen. In quantitative evaluations, risk is defined as the probability that some negative event happens . Residual risk is the threat that remains after all efforts to identify and eliminate risk have been made.   There are four basic ways of dealing with risk: reduce it, avoid it, accept it or transfer it. Since residual risk is unknown, many organizations choose to either accept residual risk or transfer it for example, by purchasing insurance to transfer the risk to an insurance company.  Residual risk is the remaining risk that exists after all hazard mitigation measures have been implemented or exhausted in accordance with the applicable safety requirements and the project risk management process.

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Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1)
solniwko [45]

Answer:

The Yowell's net cash flow from operating activities is $14,500

Explanation:

In the direct method, the operating activities record revenues and expenses which are earned and incurred during a particular year.

The computation of the net cash flow from operating activities is shown below:

= Consulting services revenue - rent expense - employees' salaries expense

= $64,000 - $15,500 - $34,000

= $14,500

The other items which are mentioned in the question are related to the investing and the financing activities. So, these items would not be considered in the computation part.

5 0
2 years ago
To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client Overview tab for a potential client. Y
Softa [21]

Answer: B. Opening balance for an inventory item was entered during the setup process.

D. Opening balances were included when importing customers using the Import data tool.

E. The client forced a bank reconciliation when the difference was not zero.

Explanation:

The reasons that can be attributed to the large amount in the Opening Balance Equity account will be:

• Opening balance for an inventory item was entered during the setup process.

• Opening balances were included when importing customers using the Import data tool.

• The client forced a bank reconciliation when the difference was not zero.

7 0
2 years ago
Which margin is at the very bottom of the page when printing worksheets?
postnew [5]

Answer:

Footer Margin

Explanation:

Just took this :)

6 0
2 years ago
Read 2 more answers
Information for Hobson Corp. for the current year ($ in millions):
madam [21]

Answer:

Income before tax of $17,000,000

net income                   $12,750,000

Explanation:

Hobson income from continuing operations can be computed by eliminating transactions relating to discontinued operations from the details provided:

Income from continuing operations     $215,000,0000

additional warranty expense                  ($70,000,000)

additional depreciation                           ($145,000,000)

non-deductible portion of advertising        $17,000,000

income before tax                                        $17,000,000

tax  at 25%*$17 million                                    ($4,250,000)

Net income                                                      $12,750,000  

8 0
3 years ago
Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant m
gavmur [86]

Answer:

Edgar is a chef and the kitchen manager in an upscale restaurant. He is very knowledgeable in both the culinary and restaurant management fields. Because he possesses these technical skills, Edgar can be considered an Management by objectives (MBO)

Explanation:

Management by Objectives (MBO) has to do with management of organization in terms of their goals and ensure maximum performance is recorded. Edgar used MBO as a result helps the restaurant to harness their resources and manage it efficiently.

8 0
3 years ago
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