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3 years ago

The best description of business model risk is:

1 answer:

5 0

The answer to the question is (C) how changing circumstances may affect the business and how the business model can be adjusted to cope with them.

Business model is defined as a model that a business uses to determine how it plans to generate revenue and in turn, profit. Another term for business model is profitability model. Thus business model risk implies risk management principles that are applied on business model contexts.

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Select the correct answer.

Gwar [14]

Answer:

I believe the answer is B. 30 percent

<em>good luck, i hope this helps :)</em>

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3 0

3 years ago

Read 2 more answers

Multiple Choice Question 143 A company shows a balance in Salaries and Wages Payable of $37900 at the end of the month. The next

neonofarm [45]

Answer: The answer is: Debit Salary and wages expense $9,900, Debit Salaries and wages payable $37,900, Credit Cash $47,800

Explanation: Since the company has $37,900 sitting in salaries and wages payable account at the end of the month and the payroll revealed that actual amount to be paid is $47,800, this means the company has a shortfall of $9,900 from the salaries and wages payable account. Therefore, this amount that was not accrued for would impact salary and wages expense by $9,900.

7 0

3 years ago

A detailed plan for the future that is usually expressed in formal quantitative terms is known as a:

Kipish [7]

Answer: (A) Budget

Explanation:

Budget is one of the type of financial plan that is create according to our requirement and also budget.

A budget is one of the type of document that is used for describe the detailed plan in the future and it is usually expressed into the quantitative terms.

The main objective of the budget is to creating a proper plan based on the expenses, revenue, liabilities and the cost in an organization and it also helps in balancing our expenses with the income.

Therefore, Budget is the correct answer.

5 0

3 years ago

A company's mission statement does NOT:_____.

kondor19780726 [428]

Answer:d) give the company its own identity. explain "where we are headed.

Explanation: A company's mission statement is a statement that specifically highlights the following

(1) The needs of the customer which the company plans to fulfill.

(2) Highlight the company's products and services which are rendered.

(3) It should also identify the Customer or market it is trying to reach.

This is what a good mission statement should be, The mission statement is different from the vision statement which tends to highlight where the company is heading to in the future.

5 0

3 years ago

Transactions for the Sheldon Cooper Company, which provides welding services, for the month of June are presented as follows.

dem82 [27]

Answer:

June 1 Sheldon Cooper invests $4,000 cash in exchange for shares of common stock in a small welding business.

Account Debited: Cash

Account Credited: Common Stock capital

2 Purchases equipment on account for $1,200.

Account Debited: Equipment

Account Credited: Accounts Payable

3 Pays $800 cash to landlord for June rent.

Account Debited: Rent expense

Account Credited: Cash account

12 Bills P. Leonard $300 after completing welding work done on account.

Account Debited: Accounts receivable

Account Credited: Service revenue

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2 years ago