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Anon25 [30]
3 years ago
10

Which of the following functions includes identifying the sources of risk and may include offering advice on controls that can r

educe risk?Risk managementRisk assessmentSystems testingVulnerability assessment
Business
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

It is Risk Assessment

Explanation:

Risk Assessment is process of  identifying and analyzing potential events that may negatively impact on the business either as individual or in aggregate and prevent the company from achieving its objectives.

Each business has its own inherent risks and a conscious efforts must be made to identify and analyse them using impact assessment. Necessary measures must be put in place to prevent or reduce their impacts.

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What are the different systems of management in buisnesas.
Komok [63]

Answer:

Different types of management systems ranging from the point-of-sale systems, accounting systems, lead management, e-commerce, communication systems, and project management solutions are available to small businesses for the smooth running of operations.

Explanation:

7 0
2 years ago
Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instanc
scoray [572]

The service or tool that could be used for gaining the benefits should be AWS  Orgs.

The information related to AWS Orgs is as follows:

  • AWS Organization should be an account management service.
  • In this, there are multiple AWS accounts that should be consolidated for developing and managing.
  • As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS  Orgs.

Learn more about discounts here: brainly.com/question/3541148

3 0
3 years ago
he following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures.T
ra1l [238]

Answer:

b. 14.0%

Explanation:

NET INCOME  

Sales  $ 100.000

Net Income  $ 25.000

Preferred Stock  -$ 4.000

Net Income to Stockholders' equity—common $ 21.000   14%

Net Income to Stockholders         $ 21.000

                                                      ===========  =   14%

Stockholders' equity—common    $ 150,000

5 0
3 years ago
Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme
hjlf

Answer:

$17.97 per unit

Explanation:

Using weighted average method, Equivalent units = Units that are completed during the period + Equivalent units in process at the end of period.

Equivalent units = 8,500 + 2,000*90%

Equivalent units = 8,500 + 1,800

Equivalent units = 10,300

Cost per equivalent unit for materials = (Beginning costs + Current costs) / Equivalent units

Cost per equivalent unit for materials = ($13,000 + $172,100) / 10,300 units

Cost per equivalent unit for materials = $185,100 / 10,300 units

Cost per equivalent unit for materials = $17.97 per unit

8 0
3 years ago
Because of a defect discovered in its seat belts in December Year 1, an automobile manufacturer believes it is probable that it
Anna [14]

Answer:

Contingent liabilities refer to those obligations which might arise in the near future based upon the happening or non happening of a certain event and it's outcome.

Such liabilities are recorded if there is likeliness of an event happening and when they can be reasonably quantified and estimated.

In the given case, the automobile manufacturer will probably be required to recall it's products. The amount can be estimated.

In such cases, such expense is to be recognized in the income statement and at the same time a liability for such expenses needs to be created in the balance sheet. Product recall refers to replacement of defective products by the manufacturer. It is similar to a warranty.

Reporting on Dec 31 would be as follows,

Warranty Expense A/C                             Dr. $2.5

    To Warranty Liability                                            $2.5

(being product recall liability for for 2.5 million created)  

4 0
3 years ago
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