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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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1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?
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Answer:

See explanation section

Explanation:

The examples of variable cost per unit are as follows:

1. Direct Materials per unit;

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5. Variable administrative expense per unit.

If all the expenses are given in accounting math, we have to add all the expenses per unit to determine the variable cost per unit.

According to the question, as there are 18000 units are produced and sold, we have to multiply the variable cost per unit by the total number of units.

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3 years ago
LO 8.4The fixed factory overhead variance is caused by the difference between which of the following?
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Answer: The correct answer is "actual fixed overhead and applied fixed overhead".

Explanation: The fixed factory overhead variance is caused by the difference between <u>actual fixed overhead and applied fixed overhead.</u>

There are two types of variations, one is produced because it determines whether too much or too little is spent on fixed overhead; and the other is produced because the real production can be higher or lower than the expected level.

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