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4 years ago

_____ involves reducing the impact of a risk event by reducing the probability of its occurrence.

1 answer:

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Risk mitigation involves reducing the impact of a risk event by reducing the probability of its occurrence. To mitigate means to make something less bad or less severe so in this case if a risk turned out to be a negative reality, risk mitigation should be a part that you've already planned so you could easily solve it and move on with the project.

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________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.

hichkok12 [17]

Answer:

Monopolistic Competition

Explanation:

4 0

3 years ago

Read 2 more answers

Manufacturing overhead was estimated to be $400,000 for the year along with 20,000 direct labon hours. Actual manufacturing over

Jobisdone [24]

Answer:

If overhead was overapplied, then the COGS should be debited overhead.

The correct answer is B.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 400,000 / 20,000

Predetermined manufacturing overhead rate= $20 per DLH

Now, we allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 20*21,000

Allocated MOH= $420,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 415,000 - 420,000

Overapplied overhead= $5,000

If overhead was overapplied, then the COGS should be debited overhead.

3 0

3 years ago

Determine whether the following are functions of the Federal Reserve. a. Act as a banker's bank, clear checks, and provide depos

k0ka [10]

Answer:

The Federal Reserve is the central bank of the United States. It is the bank for other banks and the banker to the government.

It functions include:

a) Acts as a banker's bank to clear checks, provides deposit services for banks, and facilitates smooth payment and settlement system.

b) As the banker's bank, it supervises and regulates member banks in order to protect consumers and maintain a healthy economy. It also protects banks by ensuring they adhere to regulations and best practices.

c) It uses open market operations to target the supply of money in the economy by ensuring that the monetary policy of the government is carried out, especially with respect to inflation and deflation. It uses interest rates and reserve rates to achieve this control.

d) It is the government's bank, offering banking services to the government, as other banks offer to corporations, institutions, and individuals.

Explanation:

It is not the function of the Federal Reserve to change tax rates to stabilize business cycles. This is the government's prerogative, acting with Congress. What the Federal Reserve changes is the interest and reserve rates.

The Federal Reserve does not have powers to increase government expenditures on infrastructure. It does not provide banking services to larger corporations directly. Instead, it provides banking services to the governments.

5 0

4 years ago

The depositors funds that are greater than the required reserve are called ____________ reserves and may be loaned.

scoray [572]

The depositors funds that are greater than the required reserve are called excess reserves and may be loaned.

5 0

3 years ago

Marquis Company uses a weighted-average perpetual inventory system.

bogdanovich [222]

Answer:

The correct answer is "$136.44"

Explanation: