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Diano4ka-milaya [45]
3 years ago
14

An ongoing process supported by senior management and funded to ensure that the necessary steps are taken to identify the impact

of potential losses, maintain viable recovery strategies and recovery plans, and ensure continuity of services through personnel training, plan testing, and maintenance is called ________.
Business
1 answer:
konstantin123 [22]3 years ago
5 0

Answer: business continuity plan

                     

Explanation:

A Business Continuity Plan (BCP) is a program endorsed by top management that makes it likely that the appropriate measures are taken to determine the effects of possible losses, implement effective recovery plans, and track organizational consistency through employee training, plan to monitor, and maintenance.

Organizations with solid BCPs tend to be able to rebound from natural calamities and other crises much more efficiently. In simple words,Business continuity preparation is the idea of creating preventive and restoration plans to resolve possible threats to a company.

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According to the eNotes, how many TEUs would you have with 70 twenty-foot containers and 30 forty-foot containers?
AfilCa [17]

Here are the things needed to be considered:

20 feet= 1 TEU

40 feet= 1 TEU

<span>For 70 twenty-foot containers, multiply it with the conversion factor (1 TEU/1 twenty-foot) then cancel the twenty-foot unit. The answer is 70 TEUs. As for 30 forty-foot containers, you apply the same process but you use the 2nd conversion factor which is (2 TEUs/ 1 forty-foot). The answer is 60 TEUs. </span>

<span>So 70+ 60= 130 TEUs

</span>

3 0
3 years ago
On May 1, Year 1, Benz's Sandwich Shop loaned $10,000 to Mark Henry for one year at 6 percent interest.
ankoles [38]

a. Benz's Sandwich Shop interest income for Year 1 is equal to $400.

b. Benz's Sandwich Shop total receivables at December 31, Year 1 is equal to $10,400.

c. The loan receivable will be reported on Benz's Sandwich Shop Statement of Cash Flows under operating activities as an outflow of resources in the amount of $10,000.

d. Benz's Sandwich Shop interest income for Year 2 is equal to $200.

e. The total amount of cash that Benz's Sandwich Shop will collect in Year 2 from Mark Henry is $10,600.

f. On Benz's Year 2 Statement of Cash Flows, the loan and interest will be reported under Operating Activities as inflows in the total amount of $10,600.

g. The total amount of interest that Benz's Shop earned on the loan to Mark Henry is $600 ($10,000 x 6%).

Data and Calculations:

Amount of loan = $10,000

Interest rate = 6%

Months for Year 1 = 8 months (12 - 4)

Interest income for Year 1= $400 ($10,000 x 6% x 8/12)

Loan Receivable = $10,000

Interest Receivable = $400

Total receivable for Year 1 = $10,400 ($10,000 + $400)

Interest Income for Year 2 = $200 ($10,000 x 6% x 4/12)

Total Interest Income = $600 ($10,000 x 6%)

Thus, the interest is the income that Benz's receives for lending $10,000 to Mark Henry for a period of one year at 6%.

Learn more: brainly.com/question/19417091

8 0
3 years ago
A firm is considering acquiring a competitor. The firm plans on offering $160 million for the competitor. The firm will need to
Andrew [12]

Explanation:

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.

Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.

8 0
2 years ago
Costello Corporation reported pretax book income of $500,400. During the current year, the reserve for bad debts increased by $5
Tema [17]

Answer:

$7,266 net deferred tax expense.

Explanation:

Calculation to determine what deferred income tax expense or benefit would be

Using this formula

Deferred income tax expense=[(Tax depreciation exceeded book depreciation-Increase in reserve for bad debts)* Tax rate ]

Let plug in the formula

Deferred income tax expense=[($40,400-$5,800)*21%]

Deferred income tax expense=34,600*21%

Deferred income tax expense=$7,266

Therefore the deferred income tax expense or benefit would be $7,266

6 0
3 years ago
Describe why most countries are described as having a mixed economy​
Tamiku [17]

Explanation:

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

8 0
3 years ago
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