1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepan [7]
3 years ago
13

A risk manager says: "I recognize the theoretical possibility of an asteroid falling on one of our plants, but there is absolute

ly nothing we can do about it. So this does not affect our managerial and financial decision making." Such a perspective is an example of:
a. Unplanned, unfunded retention
b. Unplanned, funded retention
c. Planned, unfunded retention
d. Avoidance Planned, funded retention
Business
1 answer:
svlad2 [7]3 years ago
5 0

Answer:

C

Explanation:

This case is en example of Planned, unfunded retention because here the outcome is already known but nothing can be done about it. So this does not affect our managerial and financial decision making.

Unfunded retention is type of retention plan under which losses are paid out of cash flow or out of funds obtained by borrowing

You might be interested in
Which of the following accounts are normally reported as current liabilities on a classified balance sheet?
IRISSAK [1]

Answer:

d. Income Taxes Payable and Salaries Payable

Explanation:

Current liabilities are short term obligations of an entity due for repayment within a period of 12 months.

From the options given d. Income Taxes Payable and Salaries Payable both presents current liabilities.

7 0
3 years ago
Huprey Co. is the defendant in the following legal claims. For each of following claims, does Huprey (a) Record liability, (b) D
const2013 [10]

Answer:

a) Disclose in the notes

b) no Disclosure

c) Record a liability

Explanation:

There are three scenarios to be considered

1) It is reasonably possible that Huprey will lose a pending lawsuit. The loss cannot be estimable

First, premise is that Huprey Co. is facing a lawsuit and the possibility of a loss is most possible. If Huprey Co is able to recognize the amount of loss, then he would have been able to record a liability but the inability to estimate the loss means, the company can o<u>nly make appropriate disclosure in notes</u>

2)Huprey is being used for damages of $2 million. It is very unlikely (remote) that Huprey will lose the case.

This second premise is also a lawsuit on damages for $2 million, however, it is most reasonably acceptable that Huprey will win the lawsuit. As such there is no loss, that way there will be no disclosure in Huprey Co's books.

3.  Huprey can reasonably estimate that a pending lawsuit will result in damages of $1.25 million, it is probable that Huprey will lose the case.

The probability of losing a case means that there will be a loss to be recorded in the books and since the damages are already estimable to be $1.25 million. Huprey Co should record a liability

4 0
3 years ago
The parenting style which takes the concerns of all family members into account when making decisions is __________. permissive
seraphim [82]
The answer is DEMOCRATIC.   :)
4 0
3 years ago
Production and sales estimates for march for the robin co. are as follows: estimated inventory (units), march 1 18,000 desired i
zmey [24]
The correct answer is a
3 0
3 years ago
Read 2 more answers
Federated investors has a , with each mutual fund being managed by several portfolio managers who together take responsibility f
Archy [21]
Federated investors has a LOAN , with each mutual fund being managed by several portfolio managers who together take responsibility for the fund's performance.
4 0
3 years ago
Other questions:
  • During 2017, the gateway city government recorded a $15,000 transfer from the general fund to an internal service fund; a $25,00
    5·1 answer
  • Nevada company paid to the state $1,800 in sales tax that it had previously collected from customers. what type of transaction w
    11·1 answer
  • The _______ has rapidly become part of the culture in the United States and elsewhere, as people increasingly consider the impac
    13·2 answers
  • It costs ​$34,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel​ (85% ethanol a
    9·1 answer
  • A school at which you are likely to be accepted because you meet graduation requirements is called a:
    7·2 answers
  • Gross income minus any adjustments, deductions, and exemptions is known as___. A.adjusted gross income. B.federal income. C.gros
    12·2 answers
  • Marginal cost is defined as:________.
    12·1 answer
  • Select the correct answer. cameron purchased an electric guitar for $1,875. the value of the guitar depreciates by 20% each year
    6·1 answer
  • What is another name for interest group?
    7·2 answers
  • the purpose of tracing a sample of inventory tags to a client's computerized listing of inventory items is to determine whether
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!