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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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Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see
andre [41]

Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see how the money looks, while remembering that this budget does not show cash outlays. This type of budget is called Expense Budget

<h3>What is Expense Budget?</h3>
  • The Expense Budget displays the revenue and capital expenditures of several ministries and departments and provides estimates for each under "Plan" and "Non-Plan."
  • It provides a thorough study of various expenditure kinds as well as a general explanation for why estimates vary. The Expense Budget also includes the Central Government's requests for grants.
  • Capital assets are crucial expenses for firms since they include cash outlays for production machinery and other equipment that generates revenue.
  • Due to the fact that production equipment is more expensive than standard office supplies or monthly expenses, financing is sometimes required to purchase capital assets.
  • The purchase of capital assets is typically included in expense budgets, and their effects on working capital and future cash flows are quantified. Businesses wouldn't be able to accomplish their operational goals without well managed capital investments.

To know more about Expense Budget with the given link

brainly.com/question/14318672

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3 0
1 year ago
midshipmen Company borrows $17,500 from Falcon Company on July 1, 2021. Midshipmen repays the amount borrowed and pays interest
irina [24]

Answer:

                                        Debit                            Credit

July 2021

Cash                                 17,500

Loan payable                                                        17,500

June 30, 2022

Loan Payable                   17,500

Interest payable                 2,100

Cash                                                                     19,600

Adjusting Entry's

                                         Debit                                Credit

Interest expense               1050

Interest Payable                                                            1050

Explanation:

Interest for the year = 0.12*17500=2100

Interest expense 2021= 6/12*2100= 1050

6 0
2 years ago
Read 2 more answers
You are planning to deposit $2,000 into an account at the end of year 1 and $3,000 at the end of year 2. If the account earns 4%
Mkey [24]

Answer:

The account balance by the end of year 3 will be : $5,283.2

Explanation:

You are planning to deposit $2,000 into an account at the end of year 1 and $3,000 at the end of year 2. The account earns 4% interest.

The account balance at the end of year 1 = $2,000

The account balance at the end of year 2 = $2,000 x (1+4%) + $3,000 = $2,080 + $3,000 = $5,080

The account balance at the end of year 3 = $5,080 x (1+4%) = $5,283.2

7 0
3 years ago
Bernard Companies stock has an expected return of 10.75 percent. The stock is expected to return 13.5 percent in a normal econom
solmaris [256]
10.75 seen it on the test
5 0
3 years ago
Adjusting entries are made before preparing _____ reports.
loris [4]

Answer:

D

Explanation:

All choices are correct!

Hope this helps! :)

4 0
1 year ago
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