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3 years ago

What do the terms “catastrophic, critical, moderate, and negligible” describe in the risk assessment matrix?

1 answer:

8 0

The terms such as; catastrophic, critical, moderate and negligible is being described in the risk assessment matrix as an adverse event’s effect in regards of level of severity. The level of severity of an adverse event’s effect is important in order to assess the risk that is associated with the particular thing or individual.

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During the years 2015 through 2017, Question Query Inc., reported the following amounts of net income (in thousands of dollars):

slavikrds [6]

Answer:

The percentage change in net income was smaller in 2017 than 2016.

Explanation:

The percentage change in net income in 2016 was:

⇒ 150/120 -1 = 0.25 or 25%.

Whereas, the percentage change in net income in 2017 was:

⇒ 170/150 -1 = 0.1333 or 13.33%.

Hence, this statement is correct that percentage change in 2017 was 13.33% which was smaller than percentage change of 25% in 2016.

7 0

4 years ago

Read 2 more answers

What financial behaviors will typically lead to a low credit score?

levacccp [35]

The behavior that will typically lead to low credit score is A. Maxed out credit cards
When people maxed out their credit cards, the credit card company will most likely to make additional charges before the balance is paid out. Maxed out credt cards would be interpreted as having uncontrollable consuming behavior and will result in low-credit card score.

5 0

3 years ago

What are the output of the north American executive purchasing roundtable in 1994?

ollegr [7]

Here is the correct answer of the given question above. The output of the North American executive purchasing roundtable in 1994 was the trend towards strategic purchasing. This result was very evident during that year. Purchasing responsibilities reveals a large-scale movement of the shift during 1990 . Hope this answer helps.

8 0

3 years ago

Lynch Company began operations in 2019. The company reported $24,000 of depreciation expense on its income statement in 2019 and

rusak2 [61]

Answer:

2019 $8,000

2020 $19,000

Explanation:

Calculation to determine the temporary difference between the book value of depreciable assets and the tax basis of these assets at the end of 2019 and 2020.

Calculation for 2019 Temporary differences

2019

Using this formula

2019 Temporary differences = 2019 Depreciation- 2019 depreciation expense

Let plug in the formula

2019 Temporary differences =$32,000 - $24,000

2019 Temporary differences= $8,000

Calculation for 2020 Temporary differences

Using this formula

2020 Temporary differences=(2019 Depreciation+2020 Depreciation)-( 2019 Depreciation expense+2020 Depreciation expense)

Let plug in the formula

2020 Temporary differences= ($32,000 + $37,000) - ($24,000 + $26,000)

2020 Temporary differences=$69,000-$50,000

2020 Temporary differences= $19,000

Therefore the temporary difference between the book value of depreciable assets and the tax basis of these assets at the end of 2019 and 2020 will be $8,000 and $19,000

3 0

3 years ago

In the value chain, what is the term of the activities that are required but not directly add value to the company's products or

Darya [45]

Answer:

In the value chain analysis, the term of the activities that are required but not directly add value to the company's products or services sold to the customers is:

Support or Secondary Activities.

Explanation:

Support or secondary activities are the indirect services that improve the primary activities of the value chain. The secondary or support activities include procurement of input resources, human resources management, infrastructure (accounting, legal, and administrative), and research and development (technology). These support the primary value chain activities, according to Porter's Value Chain, including In-bound logistics, Operations, Outbound logistics, Marketing and Sales, and Customer Services.

6 0

3 years ago